Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG)’s stock price has decreased by -1.71 compared to its previous closing price of 11.38. However, the company has seen a 0.13% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-12 that LI, SMFG and KFY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 12, 2024.
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 12.79x, which is above its average ratio. Moreover, the 36-month beta value for SMFG is 0.63. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SMFG is 6.51B and currently, short sellers hold a 0.04% of that float. On April 26, 2024, SMFG’s average trading volume was 1.41M shares.
SMFG’s Market Performance
SMFG’s stock has seen a 0.13% increase for the week, with a -5.29% drop in the past month and a 10.52% gain in the past quarter. The volatility ratio for the week is 0.76%, and the volatility levels for the past 30 days are at 1.04% for Sumitomo Mitsui Financial Group Inc ADR The simple moving average for the past 20 days is -2.31% for SMFG’s stock, with a 11.14% simple moving average for the past 200 days.
SMFG Trading at -1.92% 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 -10.20% of loss for the given period.
Volatility was left at 1.04%, however, over the last 30 days, the volatility rate increased by 0.76%, as shares sank -4.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.92% upper at present.
During the last 5 trading sessions, SMFG rose by +0.63%, which changed the moving average for the period of 200-days by +24.75% in comparison to the 20-day moving average, which settled at $11.42. In addition, Sumitomo Mitsui Financial Group Inc ADR saw 15.55% 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:
- 0.48 for the present operating margin
- 1.0 for the gross margin
The net margin for Sumitomo Mitsui Financial Group Inc ADR stands at 0.21. The total capital return value is set at 0.01. Equity return is now at value 6.09, with 0.29 for asset returns.
The debt to equity ratio resting at 2.39. The interest coverage ratio of the stock is 0.49.
Currently, EBITDA for the company is 3.42 trillion with net debt to EBITDA at -22.34. When we switch over and look at the enterprise to sales, we see a ratio of -7.94. The receivables turnover for the company is 15.45for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.54.
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 mixed of “buy” and “hold” ratings from analysts. 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.
