Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report)’s share price gapped down before the market opened on Wednesday. The stock had previously closed at $9.6430, but opened at $9.19. Sumitomo Heavy shares last traded at $9.19, with a volume of 271 shares traded.
Sumitomo Heavy Price Performance
The stock has a fifty day moving average of $9.00 and a two-hundred day moving average of $8.51. The company has a quick ratio of 1.12, a current ratio of 1.94 and a debt-to-equity ratio of 0.18. The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 16.41 and a beta of 0.42.
Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.23 earnings per share (EPS) for the quarter. Sumitomo Heavy had a net margin of 3.59% and a return on equity of 6.18%. The company had revenue of $1.87 billion during the quarter.
Sumitomo Heavy Company Profile
Sumitomo Heavy Industries, Ltd. is a Japan-based manufacturer of industrial machinery and equipment. The company develops and supplies products including power-transmission systems, gearboxes and reducers, injection-molding machines, construction machinery, material-handling equipment, industrial presses, and equipment used in semiconductor and medical applications.
Its business also includes energy-related equipment, environmental systems, precision machinery, and machinery for transportation and logistics.
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