Sumitomo Co. (OTCMKTS:SSUMY - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $23.05 and traded as low as $20.56. Sumitomo shares last traded at $20.94, with a volume of 44,816 shares changing hands.
Sumitomo Stock Performance
The business's fifty day simple moving average is $21.53 and its 200-day simple moving average is $23.05. The firm has a market cap of $25.47 billion, a P/E ratio of 11.75, a price-to-earnings-growth ratio of 0.65 and a beta of 0.71. The company has a current ratio of 1.65, a quick ratio of 1.17 and a debt-to-equity ratio of 0.52.
Sumitomo Company Profile
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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.
Further Reading
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