Sumitomo Heavy Industries (OTCMKTS:SOHVY) Sets New 52-Week Low – Should You Sell?

Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVY)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $4.87 and last traded at $4.87, with a volume of 158 shares traded. The stock had previously closed at $5.17.

Sumitomo Heavy Industries Price Performance

The stock’s 50 day simple moving average is $5.29 and its 200-day simple moving average is $5.80. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 18.04 and a beta of 0.21. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.98.

Sumitomo Heavy Industries (OTCMKTS:SOHVY) last released its earnings results on Thursday, October 31st. The company reported $0.02 earnings per share (EPS) for the quarter. Sumitomo Heavy Industries had a return on equity of 6.28% and a net margin of 2.08%. The firm 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.