Sony Group Corporation ADR (NYSE: SONY) has experienced a decline in its stock price by -0.28 compared to its previous closing price of 81.88. However, the company has seen a fall of -2.79% in its stock price over the last five trading days. Investopedia reported 2024-04-19 that Paramount Global (PARA) shares soared close to 8% in early trading Friday after The New York Times reported that Sony Group’s (SONY) studio division was in talks with Apollo Global Management about joining a bid for the media giant.
Is It Worth Investing in Sony Group Corporation ADR (NYSE: SONY) Right Now?
Sony Group Corporation ADR (NYSE: SONY) has a higher price-to-earnings ratio of 15.79x compared to its average ratio, The 36-month beta value for SONY is at 0.96. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SONY is 1.22B, and currently, shorts hold a 0.16% of that float. The average trading volume for SONY on April 19, 2024 was 775.31K shares.
SONY’s Market Performance
SONY stock saw a decrease of -2.79% in the past week, with a monthly decline of -8.89% and a quarterly a decrease of -17.54%. The volatility ratio for the week is 1.17%, and the volatility levels for the last 30 days are 1.02% for Sony Group Corporation ADR (SONY). The simple moving average for the past 20 days is -3.87% for SONY’s stock, with a -7.50% simple moving average for the past 200 days.
SONY Trading at -6.63% from the 50-Day Moving Average
After a stumble in the market that brought SONY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.11% of loss for the given period.
Volatility was left at 1.02%, however, over the last 30 days, the volatility rate increased by 1.17%, as shares sank -7.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.86% lower at present.
During the last 5 trading sessions, SONY fell by -2.57%, which changed the moving average for the period of 200-days by -10.50% in comparison to the 20-day moving average, which settled at $84.60. In addition, Sony Group Corporation ADR saw -13.77% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SONY
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.3 for the gross margin
The net margin for Sony Group Corporation ADR stands at 0.07. The total capital return value is set at 0.05. Equity return is now at value 12.54, with 2.71 for asset returns.
Based on Sony Group Corporation ADR (SONY), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.6. The interest coverage ratio of the stock is 12.27.
Currently, EBITDA for the company is 2.24 trillion with net debt to EBITDA at 1.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 5.23for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.69.
Conclusion
In conclusion, Sony Group Corporation ADR (SONY) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
