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 $7.79, up 0% from the previous day, and has decreased 2.5% in one year. It has underperformed other stocks in the Semiconductors industry by 0.42 percentage points. United Microelectronics stock is currently +16.1% from its 52-week low of $6.71, and -13.15% from its 52-week high of $8.97.
At the moment, there are 12.53B shares of UMC outstanding. The market capitalization of UMC is $19.52B. In the past 24 hours, 4.7M UMC shares were traded.
How to Buy United Microelectronics Stock
Wondering how to invest in United Microelectronics stock? Here's how.
- Choose where to buy United Microelectronics stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy United Microelectronics stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your information.
- 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 analysis website can help you evaluate 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 purchase UMC stock at a specific price.
- Track your investment in UMC: Create a watchlist to track your investment in United Microelectronics shares.
Step 1: Choose where to buy United Microelectronics stock
You need an online brokerage account in order to access the NYSE market and buy UMC shares.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal details so you are able to buy UMC today.
How to Start a New 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.
- Input your personal data to create your new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've finished signing up on one of the best stock market apps, your next step is to transfer the money for your investment:
Watch the video below if you need help depositing funds into your investment account.
Step 4: Research United Microelectronics stock
Once you have decided on the best place to buy United Microelectronics stock, it's crucial to analyze their stock before you buy, so you can wrap your head around the risk as well as the upside.
Overview of key UMC info
UMC Zen Score
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on UMC's stock page.
How is UMC stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge UMC's true value.
Using relative valuations measures:
- UMC may be undervalued based on its P/E ratio of 10.32x, relative to Semiconductors industry P/E ratio of 60.16x
- UMC may be undervalued based on its P/B ratio of 1.85x, relative to Semiconductors industry P/B ratio of 7.98x
- UMC may be undervalued based on its PEG ratio of 0.28x
You can access more valuation research on UMC's stock here.
UMC Financial Health
Pros:
- UMC has $4.45B in cash and short term investments. This is sufficient to cover its annual cash burn of $158.14M.
- Total UMC debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the UMC balance sheet.
- There are more short-term assets than long-term liabilities on the UMC balance sheet.
- UMC has cash burn of 158138593. It has enough cash and short-term investments to cover this for at least one year.
Cons:
- UMC profit margin has gone down from 32.1% to 26.8% in the past year.
- UMC has a relatively high debt to equity ratio of 0.59.
Is UMC stock a Buy, Hold, or Sell, according to analysts?
Out of 1 sell side analysts who monitor UMC, the consensus analyst rating on UMC is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the United Microelectronics stock forecast page.
UMC Technical Indicators
UMC Growth Numbers
Last year, UMC earnings were $1.83B. Over the past five year, UMC's earnings have grown by 49.85% per year. This was faster than the Semiconductors industry average of 27.84%.
Last year, UMC revenue was $6.83B. During the last 5 year, UMC's revenue has gone up by 7.94% per year. This was slower than the Semiconductors industry average of 23.58%.
You can analyze UMC's earnings and revenue performance here.
What are UMC insiders up to?
Over the past 12 months, insiders at UMC have not bought or sold any shares.
Get more info about who owns UMC stock here.
Does UMC stock generate passive income?
United Microelectronics pays a dividend of 7.52%, compared to the Semiconductors industry's average dividend yield of 9.14%. If you owned $1,000 worth of UMC stock, you would have been paid $75.22 in the past year.
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.
Get analysis 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 traders have to say.
Step 5: Execute your UMC trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Hit the Open button and eToro will execute the order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Track your investment in UMC
Now that you own some UMC shares, you'll want to stay up-to-date on your company.
Create a watchlist to monitor 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 need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in United Microelectronics, hit the button below to create your watchlist.
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