The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $13.56 in the prior trading day, Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) closed at $12.40, down -8.55%. In other words, the price has decreased by -$8.55 from its previous closing price. On the day, 3.81 million shares were traded. SMFG stock price reached its highest trading level at $12.66 during the session, while it also had its lowest trading level at $12.15.
Ratios:
Our goal is to gain a better understanding of SMFG by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.99 whereas as Long-Term Debt/Eq ratio is at 1.96.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMFG now has a Market Capitalization of 82790080512 and an Enterprise Value of -47631954870272. As of this moment, Sumitomo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.43, and their Forward P/E ratio for the next fiscal year is 10.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at -11.221.
Stock Price History:
The Beta on a monthly basis for SMFG is 0.47, which has changed by 0.059829116 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. 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 -18.90%, while the 200-Day Moving Average is calculated to be -11.30%.
Shares Statistics:
The stock has traded on average 1.37M shares per day over the past 3-months and 1594130 shares per day over the last 10 days, according to various share statistics. A total of 6.48B shares are outstanding, with a floating share count of 6.41B. Insiders hold about 0.05% of the company’s shares, while institutions hold 1.60% stake in the company. Shares short for SMFG as of 1741910400 were 5492600 with a Short Ratio of 4.00, compared to 1739491200 on 5648013. Therefore, it implies a Short% of Shares Outstanding of 5492600 and a Short% of Float of 0.16999999999999998.
Dividends & Splits
In the trailing 12 months, SMFG’s forward annual dividend rate was 105.0, compared to 0.24 this year. Against a Trailing Annual Dividend Yield of 7.7433624The stock’s 5-year Average Dividend Yield is 4.16.
