Sumitomo Heavy Industries (OTCMKTS:SOHVY) Sets New 12-Month Low – Should You Sell?

Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVY) shares reached a new 52-week low on Wednesday . The company traded as low as $4.89 and last traded at $4.89, with a volume of 100 shares traded. The stock had previously closed at $5.30.

Sumitomo Heavy Industries Stock Down 7.7 %

The firm has a 50 day moving average of $5.34 and a two-hundred day moving average of $5.84. The company has a current ratio of 1.98, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $2.40 billion, a PE ratio of 18.11 and a beta of 0.21.

Sumitomo Heavy Industries (OTCMKTS:SOHVY) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.02 EPS for the quarter. Sumitomo Heavy Industries had a net margin of 2.08% and a return on equity of 6.28%. The business had revenue of $1.69 billion for the quarter.

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.