United Microelectronics Corp (UMC) Getting Very Positive Press Coverage, Analysis Shows

News articles about United Microelectronics Corp (NYSE:UMC) have trended very positive on Friday, according to AlphaOne Sentiment Analysis. The research group, a division of Accern, scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. United Microelectronics Corp earned a news impact score of 0.51 on AlphaOne’s scale. AlphaOne also assigned news coverage about the semiconductor company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the next few days.

Separately, HSBC Holdings plc raised shares of United Microelectronics Corp from a “hold” rating to a “buy” rating in a research report on Wednesday, April 26th.

Shares of United Microelectronics Corp (NYSE:UMC) traded up 0.50% during trading on Friday, hitting $2.01. 642,616 shares of the company traded hands. The company has a 50-day moving average of $1.96 and a 200-day moving average of $1.89. United Microelectronics Corp has a 52-week low of $1.74 and a 52-week high of $2.11. The stock has a market capitalization of $4.91 billion, a PE ratio of 14.89 and a beta of 0.71.

COPYRIGHT VIOLATION NOTICE: This piece of content was posted by sleekmoney and is the sole property of of sleekmoney. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://sleekmoney.com/united-microelectronics-corp-umc-getting-very-positive-press-coverage-analysis-shows/1836003.html.

United Microelectronics Corp Company Profile

United Microelectronics Corporation is a global semiconductor foundry. The Company provides integrated circuit (IC) production for applications spanning every sector of the electronics industry. The Company operates through two segments: wafer fabrication and new business. The primary operating activity of the Company’s wafer fabrication segment is the manufacture of chips to the design specifications of its customers by using its own processes and techniques.

5 Day Chart for NYSE:UMC

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/united-microelectronics-corp-umc-getting-very-positive-press-coverage-analysis-shows/1836003.html

Receive News & Ratings for United Microelectronics Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Microelectronics Corp and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *