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Sumitomo Heavy (OTCMKTS:SOHVY) Stock Price Down 10.5% - Should You Sell?

Sumitomo Heavy logo with Industrials background

Shares of Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report) fell 10.5% on Friday . The stock traded as low as $4.95 and last traded at $4.95. 1,050 shares changed hands during trading, a decline of 33% from the average session volume of 1,575 shares. The stock had previously closed at $5.53.

Sumitomo Heavy Stock Performance

The firm has a market capitalization of $2.38 billion, a PE ratio of 495.50 and a beta of 0.23. 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 company's fifty day moving average price is $5.14 and its two-hundred day moving average price is $5.12.

Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The company reported $0.09 earnings per share for the quarter. The business 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%.

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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