Suruga Bank Ltd. (OTCMKTS:SUGBY – Get Free Report) shares hit a new 52-week low on Friday. The stock traded as low as $172.63 and last traded at $172.63, with a volume of 6 shares traded. The stock had previously closed at $189.04.
Suruga Bank Stock Performance
The firm’s 50 day moving average is $127.27 and its 200-day moving average is $91.83. The company has a market cap of $2.97 billion, a PE ratio of 10.63 and a beta of -0.22.
Suruga Bank (OTCMKTS:SUGBY – Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $5.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $2.46. Suruga Bank had a net margin of 38.48% and a return on equity of 13.65%. The company had revenue of $234.94 million for the quarter, compared to analyst estimates of $16.96 billion.
Suruga Bank Company Profile
Suruga Bank, Ltd. is a Japanese regional bank headquartered in Numazu, Shizuoka Prefecture. The bank provides financial services to individuals, small and medium-sized businesses, and other customers, with operations primarily serving Shizuoka Prefecture and neighboring areas, including parts of the greater Tokyo region.
Its services include deposit accounts, residential and consumer loans, business lending, investment trusts, insurance-related products, foreign-currency services, and electronic and internet banking.
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