United Microelectronics Corporation (UMC) has achieved exceptional results in the last session, and its stock is seen as a member of an elite group of top gainer shares on all markets in Taiwan. Thanks to this achievement, Technology and Semiconductor Equipment & Materials will also receive benefits from the great growth of the company’s stock. The current value of United Microelectronics Corporation is estimated at 7.26B, and it is changing all the time, so tomorrow will most likely be even bigger than now. However, there is a precise statistic on the stock behavior, and you can read it below in the analysis.
As mentioned above, the stock is getting a big hike, and it looks like this; on a weekly basis, the stock performance stands at 4.69%. Obviously, the figures look good, and it is always the same case when you find a top gainer company. But it is just beginning. To understand better you have to see further estimations. For example, on a monthly basis, the stock performance is set up at 7.41%, while for the second and third quarter f this year stands at 11.11% and 11.11%, respectively. Also, for the second half of this year, the stock performance is estimated at 17.41%, while for the whole year it is calculated at 46.46%. Those long-term predictions and estimations might be little confusing and imprecise because the time often brings some unforeseen changes. That also includes the stock performance estimation for the last 365 days which currently stands at 21.34%. Volatility is also an important indicator of the future stock behavior and that is the main reason why it has to be carefully observed in order to create an investing strategy. On a weekly basis, the stock volatility is calculated at 1.36%, while on a monthly basis it is predicted at 1.29%. Besides, the stock price is set up at $3.06 currently. The change stands at 5.52%, and the volume is projected at3,392,916.
The average true range is currently estimated at 0.04, but the 20-day simple moving average is et up at 11.29% by the latest report. Also, the 50-day simple moving average is calculated at 14.32%, while the 200-day simple moving average is predicted at 19.36%.The 52-week low currently stands at 56.12%, while the 52-week high is estimated at 5.15%. The relative strenght index (RSI) is projected at , the change from open is set up at -1.92%, and the gap is calculated at 7.59%.
All investors want to know how much they earn, and the earnings per share growth might show them that. And it is the reason why the EPS growth for this stock is going to be observed here. For instance, the earning per share growth stands at 15.80%, and 23.08% for 2018 and 2019 respectively. The EPS growth has been 9.60% in the last five years, and it is going to be 20.00% in the next five years. All of the figures in this report from the beginning to the end are released by official institutions.