Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) closed at $15.03 in the last session, down -1.38% from day before closing price of $15.24. In other words, the price has decreased by -$1.38 from its previous closing price. On the day, 1.1 million shares were traded.
Ratios:
We take a closer look at SMFG’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 4.18 whereas as Long-Term Debt/Eq ratio is at 1.75.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 19 ’24 when SUMITOMO MITSUI FINANCIAL GROU bought 9,247,081 shares for $59.67 per share. The transaction valued at 551,773,323 led to the insider holds 9,247,081 shares of the business.
Valuation Measures:
As of this moment, Sumitomo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.67, and their Forward P/E ratio for the next fiscal year is 11.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 0.99.
Stock Price History:
Over the past 52 weeks, SMFG has reached a high of $16.74, while it has fallen to a 52-week low of $10.74. The 50-Day Moving Average of the stock is 5.59%, while the 200-Day Moving Average is calculated to be 5.96%.
Shares Statistics:
A total of 6.46B shares are outstanding, with a floating share count of 6.45B. Insiders hold about 0.05% of the company’s shares, while institutions hold 1.82% stake in the company.