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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 $7.54, down 0.4% from the previous day, and has decreased 7.26% in one year. It has underperformed other stocks in the Semiconductors industry by 0.42 percentage points. United Microelectronics stock is currently +12.37% from its 52-week low of $6.71, and -15.94% from its 52-week high of $8.97.

There are currently 12.5B UMC shares outstanding. The market capitalization of UMC is $18.86B. In the past 24 hours, 4.7M UMC shares were traded.

How to Buy United Microelectronics Stock

Not sure how to invest in United Microelectronics stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Pick your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  2. Enter your personal details to open your new brokerage account.
  1. Send your info by pressing the "Create Account" button.
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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.

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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 Price
$7.54
1w %
-2.33%
1y %
-7.26%
5y %
307.57%
P/E
7.28x
P/B
1.85x
P/S
2.38x
PEG
0.22x
Revenue
$7.93B
Earnings
$2.51B
Fore. Rev. Growth
-5.59%
Fore. Earn. Growth
N/A
Market Cap
$18.86B
Next Earnings
Apr 24, 2024
Next Dividend
N/A

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 7.28x, relative to Semiconductors industry P/E ratio of 60.62x
  • UMC may be undervalued based on its P/B ratio of 1.85x, relative to Semiconductors industry P/B ratio of 8.22x
  • UMC may be undervalued based on its PEG ratio of 0.22x

You can do additional valuation research on UMC's stock here.

A look at UMC Cashflows and Balance Sheet

Pros:

  • Total UMC debt is lower than 5 years ago, relative to shareholder equity.
  • UMC profit margin has gone up from 27.9% to 31.6% in the past year.
  • UMC's operating cash flow of $4.08B allows it to safely service it's debt of $1.96B.
  • There are more short-term assets than long-term liabilities on the UMC balance sheet.
  • There are more short-term assets than short-term liabilities on the UMC balance sheet.
  • UMC earnings of $3.04B is not enough to cover its interest payments.

Cons:

  • UMC has a relatively high debt to equity ratio of 0.69.

Is it a good time to buy United Microelectronics stock, according to Wall Street analysts?

Out of 1 Equities analysts who research UMC, the consensus analyst rating on UMC is a Hold

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the United Microelectronics stock forecast page.

UMC Trading Indicators

SMA10
7.7
SMA20
7.76
SMA50
7.95
SMA100
7.75
SMA200
7.67
MACD
-0.09
MACD Signal
-0.06
MACD Histogram
-0.03
RSI
40.08
Stochastic %K
9.51
Stochastic %D
11.45
StochRSI %K
6.7
StochRSI %D
10.36

How is UMC performing as a company?

Last year, UMC earnings were $2.51B. Over the past 5 year, UMC's earnings have gone up by 44.68% per year. This was faster than the Semiconductors industry average of 33.86%.

Last year, UMC revenue was $7.93B. In the last five year, UMC's revenue has grown by 10.61% per year. This was slower than the Semiconductors industry average of 22.5%.

Find out more about UMC's earnings and revenue performance here.

Are UMC executives and large shareholders buying or selling the stock?

In the last 12 months, insiders at UMC have not bought or sold any shares.

Get more info about who owns UMC shares here.

Does UMC provide a stable income stream?

United Microelectronics pays a dividend of 7.77%, compared to the Semiconductors industry's average dividend yield of 7.55%. If you owned $1,000 worth of UMC stock, you would have been paid $77.72 in the past 12 months.

United Microelectronics dividend payments have consistently grown over the past decade but have not remained stable.

Find more analysis about United Microelectronics dividend yield and history here.

What do other investors have to say about UMC?

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see 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 security at the best available price.
    Market orders are generally the easiest way to buy.
  • 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 specific dollar amount, use a limit order.

Hit the Open Trade button and eToro will place your order.

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Step 6: Track your investment in UMC

Now that you own some UMC shares, you'll want to stay up-to-date on your new company.

Add UMC to a watchlist to keep track of 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:

  1. Choose where to buy United Microelectronics stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Research United Microelectronics stock
  5. Execute your UMC trade
  6. Track your investment in UMC

If you require a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your investment in United Microelectronics, click the button below.

NYSE: UMC
$7.54-0.03 (-0.4%)
Updated Feb 28, 2024
Open eToro Account
NYSE: UMC
$7.54-0.03 (-0.4%)
Updated Feb 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one United Microelectronics share?

As of Feb 28, 2024, it costs $7.54 to buy one share of United Microelectronics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.398 shares of UMC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy United Microelectronics stock?

According to 1 Wall Street analysts who monitor United Microelectronics, their consensus recommendation is to hold United Microelectronics stock.

What is the best way to buy United Microelectronics stock?

One way to place an order for United Microelectronics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.