Sumitomo (OTCMKTS:SSUMY) Reaches New 1-Year High at $25.39

Sumitomo Co. (OTCMKTS:SSUMY) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $25.39 and last traded at $25.01, with a volume of 32669 shares. The stock had previously closed at $24.88.

Sumitomo Trading Down 1.2 %

The firm has a market cap of $29.55 billion, a P/E ratio of 8.30 and a beta of 0.75. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.18 and a current ratio of 1.63. The firm has a fifty day moving average of $23.85 and a 200-day moving average of $22.17.

Sumitomo (OTCMKTS:SSUMY) last announced its earnings results 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. Equities research analysts forecast that Sumitomo Co. will post 2.75 earnings per share for the current 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.