Sumitomo Co. (OTCMKTS:SSUMY - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $22.74 and traded as low as $21.15. Sumitomo shares last traded at $21.66, with a volume of 55,755 shares.
Sumitomo Price Performance
The firm has a market capitalization of $26.27 billion, a P/E ratio of 12.12, a price-to-earnings-growth ratio of 0.65 and a beta of 0.71. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.17 and a current ratio of 1.65. The business has a 50 day simple moving average of $21.41 and a two-hundred day simple moving average of $22.74.
About Sumitomo
(
Get Free Report)
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.
Featured Stories
Before you consider Sumitomo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sumitomo wasn't on the list.
While Sumitomo currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for January 2025. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
