Sumitomo (OTCMKTS:SSUMY) Reaches New 52-Week High at $28.90

Sumitomo Co. (OTCMKTS:SSUMY)’s share price hit a new 52-week high on Monday . The stock traded as high as $28.90 and last traded at $28.34, with a volume of 35778 shares trading hands. The stock had previously closed at $28.12.

Sumitomo Price Performance

The company has a quick ratio of 1.18, a current ratio of 1.63 and a debt-to-equity ratio of 0.55. The company has a 50 day moving average of $24.56 and a two-hundred day moving average of $22.78. The firm has a market cap of $34.58 billion, a P/E ratio of 9.59 and a beta of 0.71.

Sumitomo (OTCMKTS:SSUMY) last released its earnings results on Monday, February 5th. The conglomerate reported $0.69 EPS for the quarter. The business had revenue of $13.48 billion for the quarter. Sumitomo had a net margin of 7.41% and a return on equity of 12.25%. Sell-side analysts expect that Sumitomo Co. will post 2.57 EPS for the current year.

Sumitomo Company Profile

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.