Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $9.6430, but opened at $9.19. Sumitomo Heavy shares last traded at $9.19, with a volume of 271 shares changing hands.
Sumitomo Heavy Stock Performance
The stock has a market capitalization of $4.42 billion, a PE ratio of 16.41 and a beta of 0.42. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.12 and a current ratio of 1.94. The firm’s 50 day moving average is $9.00 and its two-hundred day moving average is $8.51.
Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.23 EPS for the quarter. Sumitomo Heavy had a net margin of 3.59% and a return on equity of 6.18%. The business had revenue of $1.87 billion during the quarter.
Sumitomo Heavy Company Profile
Sumitomo Heavy Industries, Ltd. is a Japan-based manufacturer of industrial machinery and equipment. The company develops and supplies products including power-transmission systems, gearboxes and reducers, injection-molding machines, construction machinery, material-handling equipment, industrial presses, and equipment used in semiconductor and medical applications.
Its business also includes energy-related equipment, environmental systems, precision machinery, and machinery for transportation and logistics.
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