Sumitomo (OTCMKTS:SSUMY – Get Free Report) released its quarterly earnings results on Tuesday. The conglomerate reported $0.89 earnings per share (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
SSUMY stock opened at $22.73 on Wednesday. The company has a market cap of $27.53 billion, a P/E ratio of 12.09, a price-to-earnings-growth ratio of 0.69 and a beta of 0.71. Sumitomo has a 1 year low of $19.00 and a 1 year high of $28.90. 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 stock’s fifty day moving average price is $21.36 and its 200-day moving average price is $22.09.
About Sumitomo
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