Sumitomo Co. (OTCMKTS:SSUMY - Get Free Report)'s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $22.80 and traded as high as $23.64. Sumitomo shares last traded at $22.91, with a volume of 83,910 shares.
The stock has a market capitalization of $27.75 billion, a PE ratio of 10.96, a PEG ratio of 0.60 and a beta of 0.70. The business's 50 day moving average is $22.80 and its 200 day moving average is $24.51. 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 (OTCMKTS:SSUMY - Get Free Report) last released its earnings results on Wednesday, July 31st. The conglomerate reported $0.64 EPS for the quarter. Sumitomo had a return on equity of 8.11% and a net margin of 5.46%. The firm had revenue of $11.01 billion for the quarter. On average, equities research analysts predict that Sumitomo Co. will post 3.05 earnings per share for the current fiscal year.
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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