Sumitomo Electric Industries (OTCMKTS:SMTOY) Issues Quarterly Earnings Results

Posted by Trevor Kearing on Feb 5th, 2025

Sumitomo Electric Industries (OTCMKTS:SMTOY – Get Free Report) posted its earnings results on Tuesday. The company reported $0.35 EPS for the quarter, Zacks reports.

Sumitomo Electric Industries Stock Performance

Sumitomo Electric Industries stock opened at $19.35 on Wednesday. Sumitomo Electric Industries has a 52 week low of $12.80 and a 52 week high of $21.51. The business has a 50-day simple moving average of $18.28 and a 200 day simple moving average of $16.87.

Sumitomo Electric Industries Company Profile

(Get Free Report)

Sumitomo Electric Industries, Ltd. manufactures and sells electric wires and cables worldwide. It operates through Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others segments. The company offers wiring harnesses and electrical components; steel cords for tire reinforcement; steel wires for springs; wiring materials; optical lenses for infrared devices; abrasion-resistant parts/materials; heat shrink and heat-resistant tubing/tapes; magnet and aluminum bars/wires; products for electronic devices; sintered parts; and EV quick-charger connector assemblies.