Should You Sell Sumitomo Mitsui Financial Group Inc ADR (SMFG) And Go Away This Year?

Sumitomo Mitsui Financial Group Inc ADR (NYSE:SMFG) currently has a daily average trading volume of 1.17M but it saw 1996789 shares traded in last market. With a market cap of 93.93B USD, the company’s current market price of $14.40 came falling about -0.62 while comparing to the previous closing price of $14.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.56 and as low as $9.56. In the recent trading on the day, stock has struck highest price mark of $14.28 while lowest mark touched by it was $14.49.

Taking a look at 20-day trading activity of Sumitomo Mitsui Financial Group Inc ADR (SMFG) gives us an average price of $14.59, while its current price level is -7.46% below from 52-week high level whereas it is 50.55% 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 $14.02 while that of 200 days or SMA-200 reads an average of $12.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.69% during that period while stretching the period over a month that decreases to 1.35%. 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 50.56 which implies that the stock is in neutral territory.

Over the week, SMFG’s stock price is moving 0.63% up while it is -5.70% when we observe its performance for the past one month. Year-to-date it is -0.62% down and over the past year, the stock is showing an upside performance of 49.38%.

Currently, Sumitomo Mitsui Financial Group Inc ADR’s total number of outstanding shares is 6.52B. Company’s return on investment (ROI) stands at 2.55% and return on equity (ROE) at 7.90%. It has a price to earnings ratio (P/E ratio) of 12.29 while having a 13.22 of forward P/E ratio. Stock’s beta reads 0.68. Stock has a price to book (P/B) ratio of 0.91 while price to sale or P/S ratio amounts to 1.46. Its return on asset (ROA) is 0.39% on average.