Sumitomo Heavy (OTCMKTS:SOHVY) Short Interest Update

Sumitomo Heavy (OTCMKTS:SOHVY) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totalling 600 shares, a decline of 25.0% from the June 30th total of 800 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 3.0 days. Currently, 0.0% of the company’s stock are short sold.

Sumitomo Heavy Stock Performance

Shares of SOHVY stock opened at $5.30 on Thursday. The company has a market cap of $2.55 billion, a P/E ratio of 530.53 and a beta of 0.23. The firm has a fifty day moving average price of $5.16 and a 200 day moving average price of $5.12. The company has a current ratio of 1.83, a quick ratio of 1.03 and a debt-to-equity ratio of 0.18. Sumitomo Heavy has a 12 month low of $4.66 and a 12 month high of $6.47.

Sumitomo Heavy (OTCMKTS:SOHVY) last released its quarterly earnings data on Monday, April 28th. The company reported $0.09 earnings per share (EPS) for the quarter. Sumitomo Heavy had a return on equity of 4.32% and a net margin of 0.04%. The business had revenue of $1.58 billion during the quarter.

Sumitomo Heavy 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.