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
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
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.