Sumitomo (OTCMKTS:SSUMY) Reaches New 12-Month High at $28.90

Sumitomo Co. (OTCMKTS:SSUMY)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $28.90 and last traded at $28.34, with a volume of 35778 shares traded. The stock had previously closed at $28.12.

Sumitomo Stock Up 0.6 %

The company has a market cap of $34.58 billion, a price-to-earnings ratio of 9.59 and a beta of 0.71. The firm has a 50-day moving average price of $24.56 and a 200 day moving average price of $22.78. 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 posted its quarterly earnings data on Monday, February 5th. The conglomerate reported $0.69 earnings per share for the quarter. Sumitomo had a return on equity of 12.25% and a net margin of 7.41%. The firm had revenue of $13.48 billion for the quarter. Sell-side 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.