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 $9.75, down 1.54% from the previous day, and has increased 44.14% in one year. It has underperformed other stocks in the Semiconductors industry by 0.11 percentage points. United Microelectronics stock is currently +70.72% from its 52-week low of $5.71, and -23.11% from its 52-week high of $12.68.
There are currently 12.56B UMC shares outstanding. The market capitalization of UMC is $24.48B. In the past 24 hours, 7.23M 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
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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 18.26x, relative to Semiconductors industry P/E ratio of 30.79x
- UMC may be undervalued based on its P/B ratio of 2.02x, relative to Semiconductors industry P/B ratio of 11.51x
- UMC may be overvalued based on its PEG ratio of 2.71x
You can do additional valuation research on UMC's stock here.
A look at UMC Cashflows and Balance Sheet
Pros:
- There are more short-term assets than long-term liabilities on the UMC balance sheet.
- UMC earnings of $1.59B is not enough to cover its interest payments.
- UMC's operating cash flow of $3.19B allows it to safely service it's debt of $1.91B.
- There are more short-term assets than short-term liabilities on the UMC balance sheet.
- Total UMC debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- UMC has a relatively high debt to equity ratio of 0.52.
- UMC profit margin has gone down from 20.3% to 17.6% in the past year.
UMC Technical Indicators
UMC Growth Numbers
Last year, UMC earnings were $1.33B. In the last five year, UMC's earnings have increased by 9.26% per year. This was slower than the Semiconductors industry average of 59.57%.
Last year, UMC revenue was $7.59B. In the last 5 year, UMC's revenue has grown by 3.84% per year. This was slower than the Semiconductors industry average of 40.12%.
Learn more about UMC's earnings and revenue performance here.
What are UMC executives and large shareholders up to?
Over the past year, executives and large shareholders at UMC have not bought or sold any shares.
Get more info about who owns UMC stock here.
Can I get consistent income from UMC stock?
No, United Microelectronics doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your UMC trade
There are 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 generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you want additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Track your investment in UMC
Now that you own some UMC stock, you'll want to keep up with your new investment.
Add UMC to a watchlist to keep tabs on your UMC stock.
UMC Feed
How to Buy Stock in United Microelectronics
To summarize, 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 are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in United Microelectronics, create your watchlist below.
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