United Microelectronics Corporation (UMC) Shares Slide -4.55%

United Microelectronics Corporation (UMC) : During the past 4 weeks, traders have been relatively bearish on United Microelectronics Corporation (UMC), hence the stock is down -7.65% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.48% relative to the S&P 500. The 4-week change in the price of the stock is -4.55% and the stock has fallen -4.55% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.35% and the 50-Day Moving Average is 0.45%. United Microelectronics Corporation is up 4.4% in the last 3-month period. Year-to-Date the stock performance stands at 4.95%.


United Microelectronics Corporation (NYSE:UMC): On Fridays trading session , Opening price of the stock was $1.91 with an intraday high of $1.91. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $1.88. However, the stock managed to close at $1.89, a loss of 1.05% for the day. On the previous day, the stock had closed at $1.91. The total traded volume of the day was 1,113,836 shares.

United Microelectronics Corporation is a global semiconductor foundry that provides technology and manufacturing for applications spanning various sectors of the integrated circuit (IC) industry. The Company operates through two segments: wafer fabrication and new business. The primary operating activity of the Companys wafer fabrication segment is the manufacture of chips to the design specifications of its customers by using its own processes and techniques. The new business segment primarily includes researching, developing, manufacturing, and providing solar energy and new generation light-emitting diode (LED). The Company provides turnkey solutions, testing services, package solution development and product yield management service. The Company maintains a customer base across various industries, including communication, consumer electronics, computer, memory and others. The Company also provides design support services.

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