Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $9.63, but opened at $8.53. Sumitomo Heavy shares last traded at $8.53, with a volume of 183 shares.
Sumitomo Heavy Stock Up 5.7%
The company has a current ratio of 1.94, a quick ratio of 1.12 and a debt-to-equity ratio of 0.18. The firm has a market cap of $4.34 billion, a PE ratio of 16.11 and a beta of 0.42. The stock has a fifty day simple moving average of $9.29 and a two-hundred day simple moving average of $8.61.
Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.23 earnings per share for the quarter. Sumitomo Heavy had a return on equity of 6.18% and a net margin of 3.59%. The firm had revenue of $1.87 billion for the quarter.
Sumitomo Heavy Company Profile
Sumitomo Heavy Industries, Ltd. is a Japanese industrial manufacturing company that develops and supplies machinery and equipment for a range of commercial and industrial applications. Its businesses include power-transmission and control systems, industrial machinery, logistics and material-handling equipment, construction machinery, energy-related systems, and mechatronics products.
The company also provides equipment and technologies used in semiconductor manufacturing, plastics processing, precision machinery, and other specialized production processes.
Further Reading
- Five stocks we like better than Sumitomo Heavy
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
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.
