Suruga Bank (OTCMKTS:SUGBY) Reaches New 1-Year High – Time to Buy?

Shares of Suruga Bank Ltd. (OTCMKTS:SUGBYGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as $80.02 and last traded at $80.02, with a volume of 20 shares traded. The stock had previously closed at $65.55.

Suruga Bank Price Performance

The firm has a 50 day moving average price of $72.51 and a 200 day moving average price of $72.31. The stock has a market cap of $1.58 billion, a PE ratio of 11.42 and a beta of -0.07.

Suruga Bank (OTCMKTS:SUGBYGet Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $2.71 EPS for the quarter. Suruga Bank had a net margin of 21.93% and a return on equity of 6.93%.

About Suruga Bank

(Get Free Report)

Suruga Bank Ltd. provides various banking and financial products and services to individuals and corporate customers in Japan. The company offers deposit products, such as time, ordinary, savings, foreign currency, and other deposits, as well as current and general accounts; card, housing, second house, startup, and business up term loans, as well as loans by purpose; credit and debit cards; overdrafts; and other financing products.

See Also

Receive News & Ratings for Suruga Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suruga Bank and related companies with MarketBeat.com's FREE daily email newsletter.