Sony Group Corporation ADR (SONY) Shares Decline Despite Market Challenges

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Sony Group Corporation ADR (NYSE: SONY)’s stock price has gone decline by -0.66 in comparison to its previous close of 18.22, however, the company has experienced a -5.19% decrease in its stock price over the last five trading days. zacks.com reported 2024-10-21 that In the latest trading session, Sony (SONY) closed at $18.10, marking a -0.66% move from the previous day.

Is It Worth Investing in Sony Group Corporation ADR (NYSE: SONY) Right Now?

Sony Group Corporation ADR (NYSE: SONY) has a price-to-earnings ratio that is above its average at 84.38x. The stock has a 36-month beta value of 0.95. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for SONY is 30.44B, and at present, short sellers hold a 0.04% of that float. On October 22, 2024, the average trading volume of SONY was 3.47M shares.

SONY’s Market Performance

SONY’s stock has seen a -5.19% decrease for the week, with a -2.78% drop in the past month and a -1.28% fall in the past quarter. The volatility ratio for the week is 0.91%, and the volatility levels for the past 30 days are at 1.21% for Sony Group Corporation ADR The simple moving average for the past 20 days is -4.49% for SONY’s stock, with a 1.78% simple moving average for the past 200 days.

SONY Trading at -3.09% 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 -10.29% of loss for the given period.

Volatility was left at 1.21%, however, over the last 30 days, the volatility rate increased by 0.91%, as shares sank -3.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.23% upper at present.

During the last 5 trading sessions, SONY fell by -5.19%, which changed the moving average for the period of 200-days by -0.60% in comparison to the 20-day moving average, which settled at $18.95. In addition, Sony Group Corporation ADR saw -4.42% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SONY starting from AJV TRUST, who proposed sale 44,675 shares at the price of $91.83 back on Aug 21 ’24. After this action, AJV TRUST now owns shares of Sony Group Corporation ADR, valued at $4,102,353 using the latest closing price.

Stock Fundamentals for SONY

Current profitability levels for the company are sitting at:

  • 0.09 for the present operating margin
  • 0.29 for the gross margin

The net margin for Sony Group Corporation ADR stands at 0.08. The total capital return value is set at 0.05. Equity return is now at value 13.58, with 2.98 for asset returns.

Based on Sony Group Corporation ADR (SONY), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.76. The debt to equity ratio resting at 0.53. The interest coverage ratio of the stock is 13.06.

Currently, EBITDA for the company is 2.31 trillion with net debt to EBITDA at 1.14. When we switch over and look at the enterprise to sales, we see a ratio of 1.49. The receivables turnover for the company is 6.28for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.63.

Conclusion

To sum up, Sony Group Corporation ADR (SONY) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.

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