Sony Group Corporation ADR (SONY) Shares Soar Above 1-Year High

Sony Group Corporation ADR (NYSE: SONY)’s stock price has increased by 1.75 compared to its previous closing price of 17.74. However, the company has seen a 1.12% increase in its stock price over the last five trading sessions. zacks.com reported 2024-11-05 that Sony (SONY) closed at $18.05 in the latest trading session, marking a +1.75% move from the prior day.

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

The price-to-earnings ratio for Sony Group Corporation ADR (NYSE: SONY) is 47.50x, which is above its average ratio. Moreover, the 36-month beta value for SONY is 0.96. Analysts have varying opinions on the stock, 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 6.03B and currently, short sellers hold a 0.18% of that float. On November 06, 2024, SONY’s average trading volume was 3.06M shares.

SONY’s Market Performance

The stock of Sony Group Corporation ADR (SONY) has seen a 1.12% increase in the past week, with a -5.66% drop in the past month, and a 6.73% gain in the past quarter. The volatility ratio for the week is 1.08%, and the volatility levels for the past 30 days are at 1.08% for SONY. The simple moving average for the last 20 days is -0.71% for SONY stock, with a simple moving average of 1.98% for the last 200 days.

SONY Trading at -3.03% 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 -10.54% of loss for the given period.

Volatility was left at 1.08%, however, over the last 30 days, the volatility rate increased by 1.08%, as shares sank -5.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.76% lower at present.

During the last 5 trading sessions, SONY rose by +1.12%, which changed the moving average for the period of 200-days by -9.38% in comparison to the 20-day moving average, which settled at $18.18. In addition, Sony Group Corporation ADR saw -4.69% 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 1.48. 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 wrap up, the performance of Sony Group Corporation ADR (SONY) has been mixed in recent times. The stock has received a bullish 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.

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