Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report)'s stock price shot up 4% during trading on Tuesday . The company traded as high as $5.21 and last traded at $5.21. 250 shares traded hands during mid-day trading, an increase of 114% from the average session volume of 117 shares. The stock had previously closed at $5.01.
Sumitomo Heavy Trading Up 11.3%
The company has a market cap of $2.79 billion, a P/E ratio of 580.58 and a beta of 0.23. The business has a fifty day simple moving average of $5.10 and a 200 day simple moving average of $5.11. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.08 and a current ratio of 1.89.
Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The company reported $0.09 EPS for the quarter. Sumitomo Heavy had a net margin of 0.04% and a return on equity of 4.30%. The firm had revenue of $1.58 billion during the quarter.
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.
Read More
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
