Sumitomo (OTCMKTS:SSUMY) Reaches New 12-Month High at $26.81

Sumitomo Co. (OTCMKTS:SSUMY) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $26.81 and last traded at $26.50, with a volume of 106447 shares changing hands. The stock had previously closed at $25.23.

Sumitomo Stock Performance

The firm’s fifty day simple moving average is $24.16 and its 200 day simple moving average is $22.47. The company has a market capitalization of $32.38 billion, a PE ratio of 9.02 and a beta of 0.75. 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 released its quarterly earnings results on Monday, February 5th. The conglomerate reported $0.69 earnings per share for the quarter. The company had revenue of $13.48 billion during the quarter. Sumitomo had a return on equity of 12.25% and a net margin of 7.41%. On average, research analysts predict that Sumitomo Co. will post 2.57 EPS for the current year.

About Sumitomo

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.