Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) 52-Week High Located At $14.35, Forget The Dips, Just Ride The Rips

Sumitomo Mitsui Financial Group Inc ADR (NYSE:SMFG) does about 795.58K shares in volume on a normal day but saw 1367625 shares change hands in the recent trading day. The company now has a market cap of 88.39B USD. Its current market price is $13.66, marking a decrease of -0.94% compared to the previous close of $13.79. The 52 week high reached by this stock is $14.35 whilst the lowest price level in 52 weeks is $8.55.

Sumitomo Mitsui Financial Group Inc ADR (SMFG) has a 20-day trading average at $13.82 and the current price is -4.81% off the 52-week high compared with 59.77% distance from its 52-week low. The 50-day simple moving average of the closing price is $13.24 and its 200-day simple moving average is $11.20. If we look at the stock’s price movements over the week, volatility stands at 1.07%, which decreases to 1.03% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 51.65 to suggest the stock is neutral.

The consensus objective for the share price is $15.22, suggesting that the stock has a potential upside of 10.25% over the period.

0 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Strong Buy the stock.

Sumitomo Mitsui Financial Group Inc ADR (SMFG) stock is down -3.80% over the week and 1.86% over the past month. Its price is 41.12% year-to-date and 44.55% over the past year.

To reach the target analysts have set, the stock logically needs to grow 10.25 percent from here.

The company has a return on investment of 2.94% and return on equity of 6.95%. The price to earnings ratio (P/E ratio) amounts to 13.61 while the forward price to earnings ratio is 11.69. The beta has a value of 0.67. Price to book ratio is 0.93 and price to sales ratio is 1.42.