Shares of Sumitomo Co. (OTCMKTS:SSUMY - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $21.50 and traded as high as $22.08. Sumitomo shares last traded at $22.07, with a volume of 28,581 shares changing hands.
Sumitomo Trading Down 0.2 %
The company has a quick ratio of 1.24, a current ratio of 1.77 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $26.58 billion, a PE ratio of 11.03, a price-to-earnings-growth ratio of 0.71 and a beta of 0.71. The company's 50-day simple moving average is $21.49 and its 200 day simple moving average is $21.95.
Sumitomo (OTCMKTS:SSUMY - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $0.89 earnings per share (EPS) for the quarter. Sumitomo had a net margin of 5.42% and a return on equity of 7.73%. As a group, sell-side analysts expect that Sumitomo Co. will post 2.82 EPS for the current year.
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.
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