Shares of Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $10.0620, but opened at $9.37. Sumitomo Heavy shares last traded at $9.37, with a volume of 104 shares trading hands.
Sumitomo Heavy Trading Down 3.5%
The company has a current ratio of 1.95, a quick ratio of 1.06 and a debt-to-equity ratio of 0.21. The firm’s 50-day moving average is $7.27 and its 200 day moving average is $6.46. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 138.93 and a beta of 0.26.
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.
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