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Suruga Bank (OTCMKTS:SUGBY) Reaches New 52-Week High - What's Next?

Suruga Bank logo with Finance background

Suruga Bank Ltd. (OTCMKTS:SUGBY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $72.20 and last traded at $72.20, with a volume of 0 shares. The stock had previously closed at $72.20.

Suruga Bank Stock Performance

The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 13.78 and a beta of -0.07. The company's 50 day simple moving average is $72.20 and its 200-day simple moving average is $67.24.

Suruga Bank (OTCMKTS:SUGBY - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $2.07 earnings per share (EPS) for the quarter. Suruga Bank had a net margin of 20.05% and a return on equity of 6.24%. The company had revenue of $123.20 million for the quarter.

About Suruga Bank

(Get Free Report)

Suruga Bank Ltd. provides various banking and financial products and services to individuals and corporate customers in Japan. The company offers deposit products, such as time, ordinary, savings, foreign currency, and other deposits, as well as current and general accounts; card, housing, second house, startup, and business up term loans, as well as loans by purpose; credit and debit cards; overdrafts; and other financing products.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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