Sumitomo (OTCMKTS:SSUMY) Issues Earnings Results

Sumitomo (OTCMKTS:SSUMY) released its quarterly earnings results on Tuesday. The conglomerate reported $0.89 EPS for the quarter, Zacks reports. Sumitomo had a return on equity of 7.31% and a net margin of 4.97%.

Sumitomo Stock Performance

Shares of Sumitomo stock opened at $21.60 on Tuesday. The stock has a market capitalization of $26.16 billion, a price-to-earnings ratio of 12.09, a price-to-earnings-growth ratio of 0.69 and a beta of 0.71. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.77 and a quick ratio of 1.24. The business has a 50-day moving average of $21.36 and a 200 day moving average of $22.12. Sumitomo has a 12 month low of $19.00 and a 12 month high of $28.90.

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.