Sumitomo Heavy (OTCMKTS:SOHVY) Releases Earnings Results

Key Points

• Sumitomo Heavy reported earnings of $0.10 per share for the quarter, with a net margin of 0.04% and a return on equity of 4.32%.
• The company's stock price remained stable at $5.30, with a market capitalization of $2.55 billion and a P/E ratio of 530.53.
• Sumitomo Heavy Industries operates in the manufacturing of various types of machinery, including construction machinery and advanced precision machinery, both in Japan and internationally.

Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report) posted its earnings results on Tuesday. The company reported $0.10 earnings per share (EPS) for the quarter, Zacks reports. Sumitomo Heavy had a net margin of 0.04% and a return on equity of 4.32%.

Sumitomo Heavy Price Performance

Shares of SOHVY stock remained flat at $5.30 on Tuesday. The stock's 50-day moving average price is $5.17 and its 200-day moving average price is $5.14. The company has a market capitalization of $2.55 billion, a P/E ratio of 530.53 and a beta of 0.22. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.03 and a current ratio of 1.83. Sumitomo Heavy has a 12-month low of $4.66 and a 12-month high of $6.47.

About Sumitomo Heavy

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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