Shares of Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report) rose 2.9% on Monday . The company traded as high as $5.16 and last traded at $5.16. Approximately 1,011 shares traded hands during trading, a decline of 44% from the average daily volume of 1,800 shares. The stock had previously closed at $5.02.
Sumitomo Heavy Trading Up 0.4%
The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 518.52 and a beta of 0.23. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.89 and a quick ratio of 1.08. The business's 50-day simple moving average is $5.00 and its two-hundred day simple moving average is $5.14.
Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $1.58 billion for the quarter. Sumitomo Heavy had a net margin of 0.04% and a return on equity of 4.30%.
About Sumitomo Heavy
(
Get Free Report)
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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