There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for United Microelectronics Corporation (UMC) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.12%, to $8.41. The United Microelectronics Corporation has recorded 19,090 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Infineon and UMC Extend Automotive Partnership with Long-Term Agreement for 40nm eNVM Microcontroller Production.
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This NYSE-listed company operates within the Semiconductors industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $8.40 and fluctuated between $8.47 as its day high and $8.31 as its day low. The current market capitalization of United Microelectronics Corporation is $21.54B. A total of 9.66 million shares were traded on the day, compared to an average of 7.75M shares.
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. United Microelectronics Corporation pays an annual dividend of $0.80, resulting in a dividend yield of 9.57%, and it has a price to earnings (P/E) ratio of 7.47. UMC’s most recent ex-dividend date was 6/21/2022 when it declared a $0.2866 quarterly dividend that was paid in cash on 7/21/2022. Previously, the company paid the dividend on 8/20/2021 with an ex-dividend date of 7/21/2021. The UMC stock dividend was $0.2854 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for UMC in the last 3 months, the mean price target is $5.20 with high estimates of $5.20 and low estimates of $5.20. In terms of 52-week highs and lows, UMC has a high of $9.01 and a low of $5.36.
As of this writing, UMC has an earnings estimate of $0.16 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.17 per share and a lower estimate of $0.15. The company reported an EPS of $0.34 in the last quarter, which was -8.10% lower than expectations of $0.37.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 3 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for UMC is Buy with a score of 3.40. A total of 1 analysts rated the stock as Buy while 1 rated it as Overweight while 0 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.