With 19.71B Outstanding Shares, Can Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) Deliver Big Short-Term Gains?

Sumitomo Mitsui Financial Group Inc ADR (NYSE:SMFG) currently has a daily average trading volume of 1.41M but it saw 1491452 shares traded in last market. With a market cap of 244.37B USD, the company’s current market price of $12.54 came falling about -1.26 while comparing to the previous closing price of $12.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.53 and as low as $9.03. In the recent trading on the day, stock has struck highest price mark of $12.49 while lowest mark touched by it was $12.63.

Taking a look at 20-day trading activity of Sumitomo Mitsui Financial Group Inc ADR (SMFG) gives us an average price of $12.70, while its current price level is -13.70% below from 52-week high level whereas it is 38.87% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $12.99 while that of 200 days or SMA-200 reads an average of $11.91. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.75% during that period while stretching the period over a month that decreases to 1.42%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 45.75 which implies that the stock is in neutral territory.

Over the week, SMFG’s stock price is moving 0.88% up while it is -6.07% when we observe its performance for the past one month. Year-to-date it is 29.55% up and over the past year, the stock is showing an upside performance of 27.44%.

Currently, Sumitomo Mitsui Financial Group Inc ADR’s total number of outstanding shares is 19.71B. Company’s return on investment (ROI) stands at 2.74% and return on equity (ROE) at 7.84%. It has a price to earnings ratio (P/E ratio) of 34.30 while having a 11.59 of forward P/E ratio. Stock’s beta reads 0.64. Stock has a price to book (P/B) ratio of 2.65 while price to sale or P/S ratio amounts to 3.90. Its return on asset (ROA) is 0.38% on average.