Sumitomo Heavy Industries (OTCMKTS:SOHVY) Stock Price Down 4.4%

Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVY) was 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 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 Price Performance

The stock has a fifty day moving average of $7.31 and a two-hundred day moving average of $6.53. The company has a current ratio of 1.75, a quick ratio of 0.98 and a debt-to-equity ratio of 0.12.

Sumitomo Heavy Industries (OTCMKTS:SOHVY) last released its quarterly earnings results on Wednesday, February 14th. The company reported $0.22 earnings per share (EPS) for the quarter. Sumitomo Heavy Industries had a return on equity of 8.27% and a net margin of 3.09%. The business had revenue of $2.09 billion during the quarter. As a group, equities research analysts expect that Sumitomo Heavy Industries, Ltd. will post 0.63 EPS for the current fiscal year.

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.