Sumitomo Heavy Industries (OTCMKTS:SOHVY) Shares Down 4.4%

Shares of Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVY) were down 4.4% during trading on Thursday . The company traded as low as $7.06 and last traded at $7.06. Approximately 1,900 shares traded hands during mid-day trading, an increase of 271,329% from the average daily volume of 1 shares. The stock had previously closed at $7.38.

Sumitomo Heavy Industries Stock Down 4.4 %

The business has a 50 day moving average of $7.30 and a 200 day moving average of $6.52. The company has a quick ratio of 0.98, a current ratio of 1.75 and a debt-to-equity ratio of 0.12.

Sumitomo Heavy Industries (OTCMKTS:SOHVY) last announced its quarterly earnings results on Wednesday, February 14th. The company reported $0.22 EPS for the quarter. Sumitomo Heavy Industries had a return on equity of 8.27% and a net margin of 3.09%. The company had revenue of $2.09 billion during the quarter. Sell-side analysts anticipate that Sumitomo Heavy Industries, Ltd. will post 0.63 EPS for the current fiscal year.

Sumitomo Heavy Industries Company Profile

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.