Sony Group Corporation ADR (NYSE:SONY) shares, rose in value on Wednesday, January 22, with the stock price up by 0.10% to the previous day’s close as strong demand from buyers drove the stock to $20.92.
Actively observing the price movement in the last trading, the stock closed the session at $20.90, falling within a range of $20.86 and $21.046. The value of beta (5-year monthly) was 0.814 whereas the PE ratio was 17.13 over 12-month period. Referring to stock’s 52-week performance, its high was $22.71, and the low was $15.02. On the whole, SONY has fluctuated by 0.05% over the past month.
With the market capitalization of Sony Group Corporation ADR currently standing at about $124.29 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.62, with its dividend yield at 2.96%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 12.78T, with a low estimate of 3.5T and a high estimate of 3.93T. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.75T.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SONY’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 12.70, with the price of SONY currently trading nearly 0.32% and 2.60% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.69, while the 7-day volatility ratio is showing 0.99% which for the 30-day chart, stands at 1.22%. Furthermore, Sony Group Corporation ADR (SONY)’s beta value is 0.96, and its average true range (ATR) is 0.36.
A comparison of Sony Group Corporation ADR (SONY) with its peers suggests the former has fared considerably weaker in the market. SONY showed an intraday change of 0.10% in last session, and over the past year, it grew by 5.64%%.
Data on historical trading for Sony Group Corporation ADR (NYSE:SONY) indicates that the trading volumes over the past 10 days have averaged 3.65 and over the past 3 months, they’ve averaged 3.20 million. According to company’s latest data on outstanding shares, there are 6.03 billion shares outstanding.
Nearly 0.00% of Sony Group Corporation ADR’s shares belong to company insiders and institutional investors own 8.15% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.61 million shares as on 2024-12-31, resulting in a short ratio of 2.27. According to the data, the short interest in Sony Group Corporation ADR (SONY) stood at 13.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 7.11 million. The stock has fallen by -1.13% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SONY stock heading into the next quarter.
