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Sumitomo Heavy Industries (OTCMKTS:SOHVY) Stock Crosses Below Fifty Day Moving Average - What's Next?

Sumitomo Heavy Industries logo with Industrial Products background
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Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVY - Get Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.15 and traded as low as $5.00. Sumitomo Heavy Industries shares last traded at $5.00, with a volume of 100 shares trading hands.

Sumitomo Heavy Industries Stock Performance

The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 77.43 and a beta of 0.15. The firm's 50 day moving average price is $5.14 and its 200-day moving average price is $5.49. 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 quarterly earnings data on Friday, February 14th. The company reported $0.14 EPS for the quarter. Sumitomo Heavy Industries had a net margin of 0.73% and a return on equity of 5.42%. The business had revenue of $1.96 billion during the quarter.

Sumitomo Heavy Industries Company Profile

(Get Free Report)

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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