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Enter Symbol:
 
United Microelectronics Corporation (UMC) [hlAlert]

Rating:
Underperform
UMC
up 18.60 %

United Microelectronics Corporation (UMC) rated Underperform by BofA/Merrill

Posted on: Thursday,  Oct 31, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform United Microelectronics Corporation (NYSE: UMC) on 10/31/2013, when the stock price was $2.04. Since
then, United Microelectronics Corporation has lost 15.69% as of 01/27/2016's recent price of $1.72.
If you would have followed this BofA/Merrill's recommendation on UMC, you would have gained 18.6% of your investment in 818 days.

United Microelectronics Corporation is engaged in the business of manufacturing or fabrication of semiconductors. Using the processes and techniques, the Company manufactures chips to the design specifications of the customers. The Company maintains a customer base across industries, including communication, consumer electronics, computer, memory and others. During the year ended December 31, 2008, the net wafer sales derived from the products used in communication devices, consumer electronics, personal computers (PCs), memory and other applications were 55.86%, 24.66%, 17.27%, 0.72% and 1.49% respectively.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/31/2013 8:25 AM Sell
None
2.04
as of 12/13/2013
1 Week up  0.50 %
1 Month up  1.01 %
3 Months up  3.92 %
1 YTD up  3.92 %

(*) Stock Price at the time of the recommendation.
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