Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVY - Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 10,100 shares, a growth of 3,266.7% from the February 28th total of 300 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 4,200 shares, the short-interest ratio is presently 2.4 days.
Sumitomo Heavy Industries Price Performance
Sumitomo Heavy Industries stock remained flat at $5.45 during mid-day trading on Friday. The company's stock had a trading volume of 24 shares, compared to its average volume of 2,636. The company has a market capitalization of $2.62 billion, a P/E ratio of 77.86 and a beta of 0.15. The business has a fifty day moving average of $5.30 and a two-hundred day moving average of $5.47. Sumitomo Heavy Industries has a 1 year low of $4.87 and a 1 year high of $7.06. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.84 and a quick ratio of 0.98.
Sumitomo Heavy Industries (OTCMKTS:SOHVY - Get Free Report) last announced its earnings results on Friday, February 14th. The company reported $0.14 earnings per share (EPS) for the quarter. The business had revenue of $1.96 billion during the quarter. Sumitomo Heavy Industries had a net margin of 0.73% and a return on equity of 5.42%.
Sumitomo Heavy Industries Company Profile
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Sumitomo Heavy Industries, Ltd. manufactures and sells general machinery, advanced precision machinery, construction machinery, ships, and environmental plant facilities in Japan and internationally. Its Mechatronics segment offers gearmotors, gearboxes, motion control drives, motors and inverters, drive solutions, precision positioning equipment, laser systems, control systems, motion components, and collaborative robot.
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