Sumitomo Co. (OTCMKTS:SSUMY - Get Free Report) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 94,900 shares, an increase of 1,116.7% from the December 15th total of 7,800 shares. Based on an average daily volume of 151,600 shares, the days-to-cover ratio is currently 0.6 days.
Sumitomo Stock Performance
SSUMY traded down $0.96 on Monday, hitting $20.45. 69,592 shares of the company traded hands, compared to its average volume of 67,665. The stock has a market capitalization of $24.77 billion, a PE ratio of 11.42, a PEG ratio of 0.65 and a beta of 0.71. The company has a quick ratio of 1.17, a current ratio of 1.65 and a debt-to-equity ratio of 0.52. The company has a 50 day moving average of $21.42 and a 200-day moving average of $22.58. Sumitomo has a 12-month low of $19.00 and a 12-month high of $28.90.
Sumitomo Company Profile
(
Get Free Report)
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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