Sumitomo Heavy Industries (OTCMKTS:SOHVY) Stock Price Down 5.8%

Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVYGet Free Report)’s share price dropped 5.8% during trading on Thursday . The company traded as low as $6.65 and last traded at $6.65. Approximately 100 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 992 shares. The stock had previously closed at $7.06.

Sumitomo Heavy Industries Stock Performance

The business’s fifty day moving average price is $7.23 and its two-hundred day moving average price is $6.67. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.75 and a quick ratio of 0.98.

Sumitomo Heavy Industries Company Profile

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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.

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