Sumitomo Co. (OTCMKTS:SSUMY – Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $22.74 and traded as low as $21.15. Sumitomo shares last traded at $21.66, with a volume of 55,755 shares changing hands.
Sumitomo Stock Performance
The company has a market capitalization of $26.23 billion, a price-to-earnings ratio of 12.10, a PEG ratio of 0.65 and a beta of 0.71. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.65 and a quick ratio of 1.17. The stock has a 50 day simple moving average of $21.41 and a two-hundred day simple moving average of $22.74.
About Sumitomo
Sumitomo Corporation engages in general trading business worldwide. It operates through six segments: Metal Products; Transportation & Construction Systems; Infrastructure; Media & Digital; Living Related & Real Estate; and Mineral Resources, Energy, Chemical & Electronics. The company provides steel sheets and tubular products; and manufactures, leases, sells, services, and finances ships, aircrafts, motor vehicles, construction equipment, and components and parts.
Featured Stories
- Five stocks we like better than Sumitomo
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- 3 Legacy Tech Companies Reemerging as AI LeadersÂ
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Analysts’ Favorite Cybersecurity Stocks: 3 Top Picks
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Analysts Are Bullish: 3 Tech Giants With Upgraded Price Targets
Receive News & Ratings for Sumitomo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumitomo and related companies with MarketBeat.com's FREE daily email newsletter.
