Sumitomo Heavy Industries (OTCMKTS:SOHVY) Reaches New 1-Year Low – Here’s What Happened

Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVY) reached a new 52-week low on Tuesday . The stock traded as low as $4.87 and last traded at $4.87, with a volume of 158 shares changing hands. The stock had previously closed at $5.17.

Sumitomo Heavy Industries Price Performance

The company has a current ratio of 1.98, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17. The company has a fifty day simple moving average of $5.28 and a 200-day simple moving average of $5.78.

Sumitomo Heavy Industries (OTCMKTS:SOHVY) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $1.69 billion for the quarter. Sumitomo Heavy Industries had a return on equity of 6.28% and a net margin of 2.08%.

About Sumitomo Heavy Industries

Sumitomo Heavy Industries, Ltd. manufactures and sells general machinery, advanced precision machinery, construction machinery, ships, and environmental plant facilities in Japan and internationally. Its Mechatronics segment offers gearmotors, gearboxes, motion control drives, motors and inverters, drive solutions, precision positioning equipment, laser systems, control systems, motion components, and collaborative robot.