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Sumitomo Heavy (OTCMKTS:SOHVY) Sees Large Volume Increase - Time to Buy?

Sumitomo Heavy logo with Industrials background

Key Points

  • Sumitomo Heavy experienced a significant trading volume increase of 142%, with 4,000 shares traded, compared to 1,656 shares the previous session.
  • The company's recent earnings report showed a revenue of $1.75 billion and an EPS of $0.10, reflecting a positive return on equity of 3.86% but a negative net margin of 0.29%.
  • With a market capitalization of $2.97 billion, Sumitomo Heavy's stock last traded at $6.18, up from a previous close of $6.11.
  • Five stocks we like better than Sumitomo Heavy.

Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report) saw strong trading volume on Wednesday . 4,000 shares were traded during trading, an increase of 142% from the previous session's volume of 1,656 shares.The stock last traded at $6.18 and had previously closed at $6.11.

Sumitomo Heavy Stock Performance

The company has a market capitalization of $2.97 billion, a PE ratio of -206.00 and a beta of 0.24. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.08 and a current ratio of 1.97. The company has a 50 day moving average price of $5.76 and a 200 day moving average price of $5.31.

Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.10 EPS for the quarter. The company had revenue of $1.75 billion during the quarter. Sumitomo Heavy had a positive return on equity of 3.86% and a negative net margin of 0.29%.

Sumitomo Heavy Company Profile

(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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