Sumitomo Heavy Industries (OTCMKTS:SOHVY) Posts Earnings Results

Sumitomo Heavy Industries (OTCMKTS:SOHVY) released its earnings results on Friday. The company reported $0.14 EPS for the quarter, Zacks reports. Sumitomo Heavy Industries had a net margin of 2.08% and a return on equity of 6.33%.

Sumitomo Heavy Industries Stock Performance

OTCMKTS SOHVY remained flat at $5.40 during trading on Friday. The firm’s fifty day moving average price is $5.23 and its two-hundred day moving average price is $5.59. Sumitomo Heavy Industries has a 12-month low of $4.87 and a 12-month high of $7.67. The firm has a market capitalization of $2.60 billion, a PE ratio of 20.00 and a beta of 0.21. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.98 and a current ratio of 1.84.

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.