Shares of Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) traded down 4.9% during mid-day trading on Friday . The stock traded as low as $6.60 and last traded at $6.60. 200 shares were traded during mid-day trading, a decline of 89% from the average session volume of 1,898 shares. The stock had previously closed at $6.94.
Sumitomo Heavy Price Performance
The company has a fifty day moving average of $6.25 and a 200-day moving average of $5.59. The company has a current ratio of 1.97, a quick ratio of 1.08 and a debt-to-equity ratio of 0.21. The stock has a market cap of $3.17 billion, a PE ratio of -220.00 and a beta of 0.23.
Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) last released its earnings results on Friday, October 31st. The company reported $0.11 earnings per share for the quarter. The company had revenue of $1.75 billion during the quarter. Sumitomo Heavy had a positive return on equity of 3.86% and a negative net margin of 0.29%.
About Sumitomo Heavy
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.
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