Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) posted its earnings results on Tuesday. The company reported $999.00 earnings per share for the quarter, reports. Sumitomo Heavy had a return on equity of 5.10% and a net margin of 2.89%.
Sumitomo Heavy Stock Performance
Shares of SOHVY opened at $8.41 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 1.92 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average price is $8.47 and its 200-day moving average price is $7.58. Sumitomo Heavy has a 52 week low of $4.95 and a 52 week high of $10.16. The stock has a market cap of $4.04 billion, a P/E ratio of 19.11 and a beta of 0.33.
Sumitomo Heavy Company Profile
Sumitomo Heavy Industries, Ltd. (OTCMKTS: SOHVY) is a Japanese multinational manufacturer specializing in a broad range of industrial machinery and heavy equipment. Headquartered in Tokyo, the company operates as a core member of the Sumitomo Group, a major keiretsu with roots dating back to the early Meiji era. Sumitomo Heavy serves diverse markets by developing and producing advanced systems for material processing, energy generation, environmental management and transportation.
The company’s product portfolio encompasses industrial machinery such as metal‐forming presses, injection molding machines and power transmission systems.
Read More
Receive News & Ratings for Sumitomo Heavy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumitomo Heavy and related companies with MarketBeat.com's FREE daily email newsletter.
