Sumitomo (OTCMKTS:SSUMY) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Sumitomo Co. (OTCMKTS:SSUMYGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $22.42 and traded as low as $20.67. Sumitomo shares last traded at $20.73, with a volume of 62,585 shares.

Sumitomo Stock Up 0.5 %

The company has a market capitalization of $25.11 billion, a P/E ratio of 11.58, a PEG ratio of 0.61 and a beta of 0.71. The firm’s 50 day moving average price is $21.32 and its two-hundred day moving average price is $22.42. The company has a current ratio of 1.65, a quick ratio of 1.17 and a debt-to-equity ratio of 0.52.

Sumitomo Company Profile

(Get Free Report)

Sumitomo Corporation engages in general trading business worldwide. It operates through six segments: Metal Products; Transportation & Construction Systems; Infrastructure; Media & Digital; Living Related & Real Estate; and Mineral Resources, Energy, Chemical & Electronics. The company provides steel sheets and tubular products; and manufactures, leases, sells, services, and finances ships, aircrafts, motor vehicles, construction equipment, and components and parts.

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