Suruga Bank (OTCMKTS:SUGBY) Hits New 52-Week High – Should You Buy?

Suruga Bank Ltd. (OTCMKTS:SUGBYGet Free Report) reached a new 52-week high on Monday . The stock traded as high as $72.20 and last traded at $72.20, with a volume of 0 shares changing hands. The stock had previously closed at $72.20.

Suruga Bank Stock Performance

The company has a market cap of $1.42 billion, a price-to-earnings ratio of 11.74 and a beta of -0.07. The company has a fifty day moving average of $72.20 and a two-hundred day moving average of $68.45.

Suruga Bank (OTCMKTS:SUGBYGet Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported $2.07 earnings per share for the quarter. The company had revenue of $123.20 million for the quarter. Suruga Bank had a return on equity of 6.24% and a net margin of 20.05%.

Suruga Bank Company Profile

(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.

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