How to Buy United Microelectronics Stock
United Microelectronics Corp
United Microelectronics is a semiconductor company located in Taiwan, which is part of the Technology sector, and is traded under the ticker UMC on the NYSE exchange.
United Microelectronics stock last closed at $7.04, up 1.73% from the previous day, and has decreased 8.57% in one year. It has overperformed other stocks in the Semiconductors industry by 0.06 percentage points. United Microelectronics stock is currently +25.49% from its 52-week low of $5.61, and -21.78% from its 52-week high of $9.00.
There are currently 12.48B UMC shares outstanding. The market capitalization of UMC is $17.58B. In the past 24 hours, 9.76M UMC shares were traded.
How to Buy United Microelectronics Stock
Not sure how to invest in United Microelectronics stock? Here's how.
- Choose where to buy United Microelectronics stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy United Microelectronics stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your payment method and add your details.
- Research United Microelectronics stock: The United Microelectronics ticker symbol is UMC. Is United Microelectronics stock a good investment? Should you buy shares of UMC? How do UMC's underlying business fundamentals look? Do top analysts think United Microelectronics is a good buy? Why has UMC's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if UMC is a good stock to buy).
- Execute your UMC trade: Decide if you will purchase UMC shares at the current market price or use a limit order to buy UMC stock at a specific price.
- Track your investment in UMC: Create a watchlist to monitor your investment in United Microelectronics stock.
Step 1: Choose where to buy United Microelectronics stock
You will need a brokerage account in order to access the NYSE market and buy UMC shares.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best brokerage. Here's why:
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you are able to invest in UMC today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have filled out your info on the best stock market app for beginners, you can securely and quickly fund your account:
Check out this video walkthrough for more details depositing money into your new investment account.
Step 4: Research United Microelectronics stock
After you have figured out the best place to buy United Microelectronics stock, it's absolutely critical to analyze their stock before you buy, so you truly understand the risk and opportunity.
Overview of key UMC info
UMC Due Diligence Checks
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.
You can view all of the due diligence checks on UMC's stock page.
What is the fair value of UMC stock?
Analysts use many financial metrics, analyses, models, and charts to gauge UMC's true value.
Using relative valuations methods:
- UMC may be undervalued based on its P/E ratio of 12.82x, relative to Semiconductors industry P/E ratio of 44.06x
- UMC may be undervalued based on its P/B ratio of 1.46x, relative to Semiconductors industry P/B ratio of 8.03x
You can do more valuation analysis on UMC's stock here.
UMC Financial Health Overview
Pros:
- There are more short-term assets than long-term liabilities on the UMC balance sheet.
- Total UMC debt is lower than 5 years ago, relative to shareholder equity.
- UMC earnings of $1.63B is not enough to cover its interest payments.
- UMC's operating cash flow of $2.98B allows it to safely service it's debt of $1.77B.
- There are more short-term assets than short-term liabilities on the UMC balance sheet.
Cons:
- UMC profit margin has gone down from 24.2% to 18.9% in the past year.
- UMC has a relatively high debt to equity ratio of 0.47.
You can dive deeper into what analysts are projecting on the United Microelectronics stock forecast page.
UMC Momentum
How is UMC performing as a company?
Last year, UMC earnings were $1.37B. During the last five year, UMC's earnings have grown by 34.08% per year. This was slower than the Semiconductors industry average of 75.92%.
Last year, UMC revenue was $7.24B. During the past 5 year, UMC's revenue has grown by 6.41% per year. This was slower than the Semiconductors industry average of 39.44%.
Dig into UMC's earnings and revenue performance here.
Who is buying/selling UMC?
In the last year, insiders at UMC have not bought or sold any shares.
Research more about who owns UMC shares here.
Can I get consistent income from UMC stock?
United Microelectronics pays a dividend of 6.58%, compared to the Semiconductors industry's average dividend yield of 2.64%. If you owned $1,000 worth of UMC stock, you would have received $65.84 in the past 12 months.
United Microelectronics dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about United Microelectronics dividend yield and history here.
What others are saying about UMC
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your UMC trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you want additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Track your investment in UMC
Now that you own some UMC shares, you'll want to keep up with your new stock purchase.
Make a watchlist to get notified of the latest news about your UMC stock.
UMC Feed
How to Buy Stock in United Microelectronics
To reiterate, here are the 6 steps to buy stock in United Microelectronics:
- Choose where to buy United Microelectronics stock
- Open your brokerage account
- Deposit funds into your investment account
- Research United Microelectronics stock
- Execute your UMC trade
- Track your investment in UMC
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your investment in United Microelectronics, create a watchlist today.
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