Sumitomo Heavy Industries (OTCMKTS:SOHVY) Reaches New 1-Year Low - Here's What Happened

Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVY - Get Free Report)'s share price reached a new 52-week low during trading on Friday . The company traded as low as $4.76 and last traded at $4.76, with a volume of 399 shares changing hands. The stock had previously closed at $4.95.

Sumitomo Heavy Industries Stock Performance

The company has a market cap of $2.24 billion, a P/E ratio of 66.50 and a beta of 0.15. The company has a quick ratio of 0.98, a current ratio of 1.84 and a debt-to-equity ratio of 0.16. The business has a fifty day simple moving average of $5.24 and a two-hundred day simple moving average of $5.40.

Sumitomo Heavy Industries (OTCMKTS:SOHVY - Get Free Report) last issued its quarterly earnings data on Friday, February 14th. The company reported $0.14 earnings per share for the quarter. Sumitomo Heavy Industries had a net margin of 0.73% and a return on equity of 5.42%. The firm had revenue of $1.96 billion for the quarter.

Sumitomo Heavy Industries Company Profile

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.