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SUMITOMO HEAVY (OTCMKTS:SOHVY) Stock Price Up 4% - Time to Buy?

Sumitomo Heavy logo with Industrials background

SUMITOMO HEAVY (OTCMKTS:SOHVY - Get Free Report)'s stock price shot up 4% on Tuesday . The stock traded as high as $5.21 and last traded at $5.21. 250 shares were traded during trading, an increase of 114% from the average session volume of 117 shares. The stock had previously closed at $5.01.

SUMITOMO HEAVY Price Performance

The stock has a market cap of $2.50 billion, a price-to-earnings ratio of 521.52 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 has a 50-day simple moving average of $5.09 and a two-hundred day simple moving average of $5.12.

SUMITOMO HEAVY (OTCMKTS:SOHVY - Get Free Report) last issued its earnings results on Monday, April 28th. The company reported $0.09 earnings per share for the quarter. SUMITOMO HEAVY had a net margin of 0.04% and a return on equity of 4.30%. 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.

Further Reading

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