Sumitomo Co. (OTCMKTS:SSUMY - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $21.96 and traded as low as $20.84. Sumitomo shares last traded at $21.06, with a volume of 110,429 shares traded.
Sumitomo Stock Performance
The company's 50 day moving average is $22.68 and its 200-day moving average is $21.96. The company has a market capitalization of $27.52 billion, a P/E ratio of 11.42, a price-to-earnings-growth ratio of 0.67 and a beta of 0.58. The company has a current ratio of 1.77, a quick ratio of 1.24 and a debt-to-equity ratio of 0.55.
Sumitomo (OTCMKTS:SSUMY - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $0.89 earnings per share for the quarter. Sumitomo had a return on equity of 7.73% and a net margin of 5.42%. Equities analysts anticipate that Sumitomo Co. will post 2.82 EPS 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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