Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $9.1435, but opened at $9.6430. Sumitomo Heavy shares last traded at $9.6430, with a volume of 100 shares changing hands.
Sumitomo Heavy Trading Up 1.8%
The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.12 and a current ratio of 1.94. The firm has a market capitalization of $4.64 billion, a price-to-earnings ratio of 17.22 and a beta of 0.42. The company has a 50 day moving average price of $8.87 and a two-hundred day moving average price of $8.49.
Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.23 EPS for the quarter. The company had revenue of $1.87 billion during the quarter. Sumitomo Heavy had a net margin of 3.59% and a return on equity of 6.18%.
About Sumitomo Heavy
Sumitomo Heavy Industries, Ltd. is a Japan-based manufacturer of industrial machinery and equipment. The company develops and supplies products including power-transmission systems, gearboxes and reducers, injection-molding machines, construction machinery, material-handling equipment, industrial presses, and equipment used in semiconductor and medical applications.
Its business also includes energy-related equipment, environmental systems, precision machinery, and machinery for transportation and logistics.
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