Sumitomo Co. (OTCMKTS:SSUMY – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $22.42 and traded as low as $21.00. Sumitomo shares last traded at $21.11, with a volume of 72,954 shares trading hands.
Sumitomo Stock Performance
The firm has a market cap of $25.57 billion, a PE ratio of 11.81, a price-to-earnings-growth ratio of 0.55 and a beta of 0.71. The company has a quick ratio of 1.17, a current ratio of 1.65 and a debt-to-equity ratio of 0.52. The business has a 50 day simple moving average of $22.42 and a two-hundred day simple moving average of $24.12.
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.
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