In the past week, SMFG stock has gone up by 7.67%, with a monthly gain of 4.95% and a quarterly surge of 13.55%. The volatility ratio for the week is 0.98%, and the volatility levels for the last 30 days are 1.17% for Sumitomo Mitsui Financial Group Inc ADR The simple moving average for the last 20 days is 3.80% for SMFG stock, with a simple moving average of 12.63% for the last 200 days.
Is It Worth Investing in Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) Right Now?
The price-to-earnings ratio for Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) is 11.70x, which is above its average ratio. Moreover, the 36-month beta value for SMFG is 0.69. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The average price recommended by analysts for Sumitomo Mitsui Financial Group Inc ADR (SMFG) is $10.80, which is $0.83 above the current market price. The public float for SMFG is 6.67B and currently, short sellers hold a 0.04% of that float. On November 21, 2023, SMFG’s average trading volume was 1.84M shares.
SMFG) stock’s latest price update
Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) has seen a rise in its stock price by 0.91 in relation to its previous close of 9.88. However, the company has experienced a 7.67% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-09-15 that Investors interested in stocks from the Banks – Foreign sector have probably already heard of KB Financial (KB) and Sumitomo Mitsui (SMFG). But which of these two companies is the best option for those looking for undervalued stocks?
SMFG Trading at 1.80% from the 50-Day Moving Average
After a stumble in the market that brought SMFG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.77% of loss for the given period.
Volatility was left at 1.17%, however, over the last 30 days, the volatility rate increased by 0.98%, as shares surge +5.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.10% upper at present.
During the last 5 trading sessions, SMFG rose by +7.67%, which changed the moving average for the period of 200-days by +15.13% in comparison to the 20-day moving average, which settled at $9.63. In addition, Sumitomo Mitsui Financial Group Inc ADR saw 24.31% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SMFG
Current profitability levels for the company are sitting at:
- +19.91 for the present operating margin
The net margin for Sumitomo Mitsui Financial Group Inc ADR stands at +13.42. The total capital return value is set at 1.83, while invested capital returns managed to touch 2.53. Equity return is now at value 6.40, with 0.30 for asset returns.
Based on Sumitomo Mitsui Financial Group Inc ADR (SMFG), the company’s capital structure generated 395.20 points at debt to equity in total, while total debt to capital is 79.81. Total debt to assets is 18.53, with long-term debt to equity ratio resting at 160.33. Finally, the long-term debt to capital ratio is 32.38.
When we switch over and look at the enterprise to sales, we see a ratio of -0.77, with the company’s debt to enterprise value settled at -5.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.
Conclusion
To wrap up, the performance of Sumitomo Mitsui Financial Group Inc ADR (SMFG) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.