The stock of Sumitomo Mitsui Financial Group Inc ADR (SMFG) has gone down by -2.09% for the week, with a -5.18% drop in the past month and a -6.10% drop in the past quarter. The volatility ratio for the week is 1.56%, and the volatility levels for the past 30 days are 1.42% for SMFG. The simple moving average for the past 20 days is -1.22% for SMFG’s stock, with a 6.39% simple moving average for the past 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 above average at 34.55x. The 36-month beta value for SMFG is also noteworthy at 0.64. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for SMFG is 19.48B, and at present, short sellers hold a 0.02% of that float. The average trading volume of SMFG on October 01, 2024 was 1.35M shares.
SMFG) stock’s latest price update
Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) has experienced a rise in its stock price by 3.78 compared to its previous closing price of 12.17. However, the company has seen a fall of -2.09% in its stock price over the last five trading days. zacks.com reported 2024-09-26 that Investors with an interest in Banks – Foreign stocks have likely encountered both Sumitomo Mitsui (SMFG) and HDFC Bank (HDB). But which of these two stocks is more attractive to value investors?
SMFG Trading at -3.43% 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 -13.08% of loss for the given period.
Volatility was left at 1.42%, however, over the last 30 days, the volatility rate increased by 1.56%, as shares sank -4.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.40% lower at present.
During the last 5 trading sessions, SMFG fell by -2.09%, which changed the moving average for the period of 200-days by +26.05% in comparison to the 20-day moving average, which settled at $12.76. In addition, Sumitomo Mitsui Financial Group Inc ADR saw 30.48% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SMFG starting from SUMITOMO MITSUI FINANCIAL GROU, who purchase 9,247,081 shares at the price of $59.67 back on Sep 19 ’24. After this action, SUMITOMO MITSUI FINANCIAL GROU now owns 9,247,081 shares of Sumitomo Mitsui Financial Group Inc ADR, valued at $551,773,323 using the latest closing price.
Stock Fundamentals for SMFG
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 1.0 for the gross margin
The net margin for Sumitomo Mitsui Financial Group Inc ADR stands at 0.16. The total capital return value is set at 0.01. Equity return is now at value 7.84, with 0.38 for asset returns.
The debt to equity ratio resting at 4.0. The interest coverage ratio of the stock is 0.27.
Currently, EBITDA for the company is 287.33 billion with net debt to EBITDA at -21.41. When we switch over and look at the enterprise to sales, we see a ratio of 2.63. The receivables turnover for the company is 27.81for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.25.
Conclusion
In summary, Sumitomo Mitsui Financial Group Inc ADR (SMFG) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
