2 weeks Ago By ABMN Staff
Sumitomo Co. ( OTCMKTS:SSUMY – Get Free Report )’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $24.
53 and traded as low as $22.26. Sumitomo shares last traded at $22.
45, with a volume of 58,376 shares. Sumitomo Stock Performance The company has a current ratio of 1.65, a quick ratio of 1.
17 and a debt-to-equity ratio of 0.52. The stock’s 50 day moving average price is $23.
07 and its 200 day moving average price is $24.53. The company has a market capitalization of $27.
19 billion, a price-to-earnings ratio of 10.74, a P/E/G ratio of 0.57 and a beta of 0.
71. Sumitomo ( OTCMKTS:SSUMY – Get Free Report ) last posted its earnings results on Wednesday, July 31st. The conglomerate reported $0.
64 earnings per share for the quarter. Sumitomo had a return on equity of 8.11% and a net margin of 5.
46%. The company had revenue of $11.01 billion during the quarter.
Analysts expect that Sumitomo Co. will post 2.99 earnings per share for the current year.
Sumitomo Company Profile Sumitomo Corporation engages in general trading business worldwide. It operates through six segments: Metal Products; Transportation & Construction Systems; Infrastructure; Media & Digital; Living Related & Real Estate; and Mineral Resources, Energy, Chemical & Electronics. The company provides steel sheets and tubular products; and manufactures, leases, sells, services, and finances ships, aircrafts, motor vehicles, construction equipment, and components and parts.
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