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. After-hours trades for United Microelectronics Corporation (UMC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.06, or -0.74%, to $8.01. The United Microelectronics Corporation has recorded 1,714 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that UMC Reports Sales for April 2023.
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United Microelectronics Corporation is listed on the NYSE as a member of the Technology sector and is a part of the Semiconductors industry. At the end of the last regular session, the stock closed at $8.07 and fluctuated between $8.14 as its day high and $8.05 as its day low. The current market capitalization of United Microelectronics Corporation is $19.88B. A total of 4.49 million shares were traded on the day, compared to an average of 6.63M shares.
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. United Microelectronics Corporation pays an annual dividend of $0.29, resulting in a dividend yield of 3.56%, and it has a price to earnings (P/E) ratio of 7.14. 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.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for UMC in the last 3 months, the mean price target is $5.30 with high estimates of $5.30 and low estimates of $5.30. In terms of 52-week highs and lows, UMC has a high of $8.95 and a low of $5.36.
As of this writing, UMC has an earnings estimate of $0.15 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.16 per share and a lower estimate of $0.15.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. UMC’s latest balance sheet shows that the firm has $170.90B in Cash & Short Term Investments as of fiscal 2021. There were $46.82B in debt and $105.45B in liabilities at the time. Its Book Value Per Share was $4.68, while its Total Shareholder’s Equity was $281.20B.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 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 3.80.