Sumitomo Co. (OTCMKTS:SSUMY - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $25.02 and last traded at $24.63, with a volume of 35843 shares changing hands. The stock had previously closed at $24.34.
Sumitomo Trading Up 1.2 %
The business has a 50 day simple moving average of $23.60 and a 200-day simple moving average of $22.00. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.18 and a current ratio of 1.63. The stock has a market capitalization of $30.09 billion, a P/E ratio of 8.35 and a beta of 0.75.
Sumitomo (OTCMKTS:SSUMY - Get Free Report) last released its quarterly earnings data on Monday, February 5th. The conglomerate reported $0.69 earnings per share for the quarter. The business had revenue of $13.48 billion during the quarter. Sumitomo had a return on equity of 12.25% and a net margin of 7.41%. On average, analysts predict that Sumitomo Co. will post 2.79 EPS for the current 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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