Shares of Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $5.80, but opened at $5.53. Sumitomo Heavy shares last traded at $5.53, with a volume of 100 shares traded.
Sumitomo Heavy Trading Down 4.7%
The company has a 50 day moving average of $5.11 and a two-hundred day moving average of $5.12. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.08 and a current ratio of 1.89. The stock has a market capitalization of $2.66 billion, a PE ratio of 553.55 and a beta of 0.23.
Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The company reported $0.09 earnings per share for the quarter. Sumitomo Heavy had a return on equity of 4.30% and a net margin of 0.04%. The business had revenue of $1.58 billion for the quarter.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sumitomo Heavy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sumitomo Heavy wasn't on the list.
While Sumitomo Heavy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.