Sony Group Corporation ADR (SONY) Down -10.83% From Its 52-Week High, But Growth Potential Is Changing Over Time

Sony Group Corporation ADR (NYSE:SONY) currently has a daily average trading volume of 2.97M but it saw 2956738 shares traded in last market. With a market cap of 108.52B USD, the company’s current market price of $17.99 came falling about -0.33 while comparing to the previous closing price of $18.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.18 and as low as $15.02. In the recent trading on the day, stock has struck highest price mark of $17.83 while lowest mark touched by it was $18.02.

Taking a look at 20-day trading activity of Sony Group Corporation ADR (SONY) gives us an average price of $18.13, while its current price level is -10.83% below from 52-week high level whereas it is 19.76% 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 $18.59 while that of 200 days or SMA-200 reads an average of $17.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.13% during that period while stretching the period over a month that decreases to 1.11%. 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 45.76 which implies that the stock is in neutral territory.

Over the week, SONY’s stock price is moving 0.06% up while it is -5.46% when we observe its performance for the past one month. Year-to-date it is -5.01% down and over the past year, the stock is showing an upside performance of 3.76%.

Currently, Sony Group Corporation ADR’s total number of outstanding shares is 6.11B. Company’s return on investment (ROI) stands at 10.63% and return on equity (ROE) at 13.58%. It has a price to earnings ratio (P/E ratio) of 47.34 while having a 14.61 of forward P/E ratio. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 11.21 while price to sale or P/S ratio amounts to 1.24. Its return on asset (ROA) is 2.98% on average.