Sumitomo (OTCMKTS:SSUMY) Reaches New 1-Year High at $28.90

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

Sumitomo Price Performance

The company has a market capitalization of $33.15 billion, a P/E ratio of 9.20 and a beta of 0.71. The stock’s fifty day simple moving average is $24.64 and its 200-day simple moving average is $22.83. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.63 and a quick ratio of 1.18.

Sumitomo (OTCMKTS:SSUMY) last announced its quarterly earnings data on Monday, February 5th. The conglomerate reported $0.69 earnings per share (EPS) for the quarter. Sumitomo had a net margin of 7.41% and a return on equity of 12.25%. The business had revenue of $13.48 billion for the quarter. On average, equities analysts forecast that Sumitomo Co. will post 2.57 earnings per share for the current fiscal 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.