News headlines about United Microelectronics (NYSE:UMC) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. United Microelectronics earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 47.4960778120228 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern’s scoring:
Shares of UMC traded up $0.04 during mid-day trading on Thursday, reaching $2.61. The stock had a trading volume of 521,555 shares, compared to its average volume of 1,103,842. The company has a current ratio of 1.58, a quick ratio of 1.37 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $6,356.65, a P/E ratio of 20.00 and a beta of 0.55. United Microelectronics has a 52-week low of $1.89 and a 52-week high of $2.73.
United Microelectronics (NYSE:UMC) last announced its earnings results on Wednesday, January 24th. The semiconductor company reported $0.02 earnings per share for the quarter. The company had revenue of $1.23 billion during the quarter. United Microelectronics had a net margin of 6.43% and a return on equity of 4.49%.
UMC has been the subject of a number of recent research reports. Credit Suisse Group upgraded shares of United Microelectronics from an “underperform” rating to a “neutral” rating in a research report on Wednesday, January 24th. HSBC raised shares of United Microelectronics from a “hold” rating to a “buy” rating in a report on Wednesday, January 24th. Seven investment analysts have rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $2.10.
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United Microelectronics Company Profile
United Microelectronics Corporation provides semiconductor wafer foundry solutions. It provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. The company also engages in the research, development, and manufacture of products in the solar energy and LED industries.
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