Sumitomo Co. (OTCMKTS:SSUMY - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $21.90 and traded as low as $21.48. Sumitomo shares last traded at $21.61, with a volume of 56,636 shares traded.
Sumitomo Trading Down 0.3 %
The company's 50 day simple moving average is $21.47 and its 200 day simple moving average is $21.90. The firm has a market cap of $25.95 billion, a price-to-earnings ratio of 10.77, a P/E/G ratio of 0.67 and a beta of 0.71. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.77 and a quick ratio of 1.24.
Sumitomo (OTCMKTS:SSUMY - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $0.89 EPS for the quarter. Sumitomo had a net margin of 5.42% and a return on equity of 7.73%. As a group, research analysts expect that Sumitomo Co. will post 2.82 earnings per share for the current fiscal year.
About Sumitomo
(
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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.
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