Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) has a higher price-to-earnings ratio of 39.13x compared to its average ratio. SMFG has 36-month beta value of 0.65. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SMFG is 19.48B, and currently, short sellers hold a 0.02% ratio of that float. The average trading volume of SMFG on November 14, 2024 was 1.32M shares.
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SMFG) stock’s latest price update
Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) has experienced a rise in its stock price by 2.99 compared to its previous closing price of 13.89. However, the company has seen a gain of 3.14% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-18 that Sumitomo Mitsui’s fundamentals remain robust. The macro overhang is slowly clearing as well. A stubborn book value discount keeps the risk/reward very favorable.
SMFG’s Market Performance
SMFG’s stock has risen by 3.14% in the past week, with a monthly rise of 10.38% and a quarterly rise of 4.57%. The volatility ratio for the week is 1.14% while the volatility levels for the last 30 days are 1.08% for Sumitomo Mitsui Financial Group Inc ADR The simple moving average for the past 20 days is 8.90% for SMFG’s stock, with a 15.22% simple moving average for the past 200 days.
SMFG Trading at 10.93% 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 -1.55% of loss for the given period.
Volatility was left at 1.08%, however, over the last 30 days, the volatility rate increased by 1.14%, as shares surge +9.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.64% upper at present.
During the last 5 trading sessions, SMFG rose by +3.32%, which changed the moving average for the period of 200-days by +39.26% in comparison to the 20-day moving average, which settled at $13.14. In addition, Sumitomo Mitsui Financial Group Inc ADR saw 47.78% 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:
- 0.41 for the present operating margin
- 0.34 for the gross margin
The net margin for Sumitomo Mitsui Financial Group Inc ADR stands at 0.27. 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 2.32. The interest coverage ratio of the stock is 0.34.
When we switch over and look at the enterprise to sales, we see a ratio of -7.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.25.
Conclusion
To put it simply, Sumitomo Mitsui Financial Group Inc ADR (SMFG) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
