Sumitomo Heavy Industries (OTCMKTS:SOHVY) Announces Quarterly Earnings Results

Sumitomo Heavy Industries (OTCMKTS:SOHVY) posted its earnings results on Friday. The company reported $0.14 earnings per share for the quarter, Zacks reports. Sumitomo Heavy Industries had a net margin of 2.08% and a return on equity of 6.33%.

Sumitomo Heavy Industries Stock Performance

Shares of Sumitomo Heavy Industries stock remained flat at $5.40 during trading on Friday. The company has a current ratio of 1.84, a quick ratio of 0.98 and a debt-to-equity ratio of 0.16. Sumitomo Heavy Industries has a 1-year low of $4.87 and a 1-year high of $7.67. The company has a market cap of $2.60 billion, a PE ratio of 20.00 and a beta of 0.21. The business has a 50-day moving average of $5.23 and a 200-day moving average of $5.59.

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.