Sumitomo Mitsui Financial Group Inc ADR (NYSE:SMFG) shares, rose in value on Friday, November 01, with the stock price up by 0.63% to the previous day’s close as strong demand from buyers drove the stock to $12.85.
Actively observing the price movement in the last trading, the stock closed the session at $12.77, falling within a range of $12.83 and $12.94. The value of beta (5-year monthly) was 0.599 whereas the PE ratio was 35.15 over 12-month period. Referring to stock’s 52-week performance, its high was $14.53, and the low was $9.03. On the whole, SMFG has fluctuated by 3.55% over the past month.
With the market capitalization of Sumitomo Mitsui Financial Group Inc ADR currently standing at about $250.41 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-14. The company’s Forward Dividend Ratio is 0.17, with its dividend yield at 1.30%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SMFG’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.02, with the price of SMFG currently trading nearly 0.83% and 0.27% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.65, while the 7-day volatility ratio is showing 0.90% which for the 30-day chart, stands at 1.22%. Furthermore, Sumitomo Mitsui Financial Group Inc ADR (SMFG)’s beta value is 0.64, and its average true range (ATR) is 0.25.
A comparison of Sumitomo Mitsui Financial Group Inc ADR (SMFG) with its peers suggests the former has fared considerably weaker in the market. SMFG showed an intraday change of 0.63% in last session, and over the past year, it grew by 30.32%%.
Data on historical trading for Sumitomo Mitsui Financial Group Inc ADR (NYSE:SMFG) indicates that the trading volumes over the past 10 days have averaged 0.76 and over the past 3 months, they’ve averaged 1.50 million. According to company’s latest data on outstanding shares, there are 19.71 billion shares outstanding.
Nearly 0.02% of Sumitomo Mitsui Financial Group Inc ADR’s shares belong to company insiders and institutional investors own 0.47% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.26 million shares as on 2024-10-15, resulting in a short ratio of 2.02. According to the data, the short interest in Sumitomo Mitsui Financial Group Inc ADR (SMFG) stood at 10.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 4.59 million. The stock has risen by 32.75% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SMFG stock heading into the next quarter.
