Sumitomo Heavy (OTCMKTS:SOHVY) Posts Earnings Results

by · The Markets Daily

Sumitomo Heavy (OTCMKTS:SOHVY – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.23 EPS for the quarter, Zacks reports. Sumitomo Heavy had a net margin of 2.98% and a return on equity of 4.87%.

Sumitomo Heavy Stock Performance

Shares of SOHVY opened at $7.97 on Tuesday. Sumitomo Heavy has a twelve month low of $5.59 and a twelve month high of $10.16. The company has a current ratio of 1.92, a quick ratio of 1.12 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $3.83 billion, a P/E ratio of 17.34 and a beta of 0.40. The firm’s 50-day moving average is $8.16 and its two-hundred day moving average is $8.33.

Sumitomo Heavy Company Profile

(Get Free Report)

Sumitomo Heavy Industries, Ltd. (OTCMKTS: SOHVY) is a Japanese multinational manufacturer specializing in a broad range of industrial machinery and heavy equipment. Headquartered in Tokyo, the company operates as a core member of the Sumitomo Group, a major keiretsu with roots dating back to the early Meiji era. Sumitomo Heavy serves diverse markets by developing and producing advanced systems for material processing, energy generation, environmental management and transportation.

The company’s product portfolio encompasses industrial machinery such as metal‐forming presses, injection molding machines and power transmission systems.

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