Media coverage about Sumitomo Mitsui Financial Group (NYSE:SMFG) has been trending positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sumitomo Mitsui Financial Group earned a news impact score of 0.46 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 46.1440653662227 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the media stories that may have effected Accern’s rankings:

Shares of Sumitomo Mitsui Financial Group (NYSE SMFG) traded up $0.12 during midday trading on Monday, reaching $8.75. The company’s stock had a trading volume of 1,140,567 shares, compared to its average volume of 1,195,431. The stock has a market capitalization of $60,846.89, a price-to-earnings ratio of 8.14 and a beta of 1.35. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.93. Sumitomo Mitsui Financial Group has a 52 week low of $6.93 and a 52 week high of $8.76.

A number of analysts have issued reports on the company. ValuEngine raised Sumitomo Mitsui Financial Group from a “buy” rating to a “strong-buy” rating in a research report on Thursday. Zacks Investment Research raised Sumitomo Mitsui Financial Group from a “hold” rating to a “buy” rating and set a $8.25 target price on the stock in a research report on Saturday, August 26th. Finally, BidaskClub raised Sumitomo Mitsui Financial Group from a “strong sell” rating to a “sell” rating in a research report on Friday, October 27th.

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Sumitomo Mitsui Financial Group Company Profile

Sumitomo Mitsui Financial Group, Inc is a holding company for Sumitomo Mitsui Banking Corporation (the Bank) and its subsidiaries. The Company operates through four segments: Commercial Banking, Leasing, Securities and Consumer Finance. The Company and its subsidiaries offer a range of financial services, including commercial banking, leasing, securities, consumer finance and other services.

Insider Buying and Selling by Quarter for Sumitomo Mitsui Financial Group (NYSE:SMFG)

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