Shares of Sumitomo Co. (OTCMKTS:SSUMY – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $22.74 and traded as low as $21.15. Sumitomo shares last traded at $21.66, with a volume of 55,755 shares.
Sumitomo Price Performance
The company’s 50-day moving average is $21.42 and its 200-day moving average is $22.71. The firm has a market capitalization of $26.27 billion, a price-to-earnings ratio of 12.12, a PEG ratio of 0.65 and a beta of 0.71. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.65 and a quick ratio of 1.17.
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.
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