SUMITOMO HEAVY (OTCMKTS:SOHVY - Get Free Report) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 600 shares, a decrease of 25.0% from the June 30th total of 800 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 3.0 days.
SUMITOMO HEAVY Price Performance
SUMITOMO HEAVY stock traded down $0.05 during mid-day trading on Wednesday, hitting $5.30. The stock had a trading volume of 209 shares, compared to its average volume of 130. The firm has a market capitalization of $2.55 billion, a P/E ratio of 530.53 and a beta of 0.23. SUMITOMO HEAVY has a one year low of $4.66 and a one year high of $6.47. The firm's 50 day moving average is $5.16 and its 200 day moving average is $5.12. The company has a current ratio of 1.83, a quick ratio of 1.03 and a debt-to-equity ratio of 0.18.
SUMITOMO HEAVY (OTCMKTS:SOHVY - Get Free Report) last posted its earnings results on Monday, April 28th. The company reported $0.09 earnings per share (EPS) for the quarter. SUMITOMO HEAVY had a return on equity of 4.32% and a net margin of 0.04%. The company had revenue of $1.58 billion for the quarter.
About SUMITOMO HEAVY
(
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Sumitomo Heavy Industries, Ltd. manufactures and sells general machinery, advanced precision machinery, construction machinery, ships, and environmental plant facilities in Japan and internationally. Its Mechatronics segment offers gearmotors, gearboxes, motion control drives, motors and inverters, drive solutions, precision positioning equipment, laser systems, control systems, motion components, and collaborative robot.
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