United Microelectronics Corporation (NEW) (NYSE:UMC) traded today at a new 52-week high of $7.46. Approximately 2.7 million shares have changed hands today, as compared to an average 30-day volume of 4.1 million shares.
Over the past year, United Microelectronics Corporation (NEW) has traded in a range of $2.10 to $7.46 and is now at $7.27, 247% above that low.
United Microelectronics Corp is a Taiwan-based, the world’s second- largest foundry in terms of market share, went public as an American depositary receipt in the United States in 2000.
United Microelectronics Corporation (NEW) (NYSE:UMC) defies analysts with a current price ($7.27) 62.9% above its average consensus price target of $2.69.
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