Sumitomo (OTCMKTS:SSUMY) Sets New 1-Year High at $26.81

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

Sumitomo Trading Up 5.0 %

The firm has a market cap of $32.38 billion, a price-to-earnings ratio of 9.02 and a beta of 0.75. The business has a 50 day moving average price of $24.16 and a 200-day moving average price of $22.47. The company has a quick ratio of 1.18, a current ratio of 1.63 and a debt-to-equity ratio of 0.55.

Sumitomo (OTCMKTS:SSUMY) last released its quarterly earnings results on Monday, February 5th. The conglomerate reported $0.69 earnings per share 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 during the quarter. As a group, research analysts expect that Sumitomo Co. will post 2.57 EPS 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.