Look Past The Setbacks And Give Sony Group Corporation ADR (NYSE: SONY) Another Chance

Sony Group Corporation ADR (NYSE:SONY) currently has a daily average trading volume of 5.62M but it saw 7460414 shares traded in last market. With a market cap of 152.32B USD, the company’s current market price of $25.28 came falling about -2.77 while comparing to the previous closing price of $26.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $26.08 and as low as $15.02. In the recent trading on the day, stock has struck highest price mark of $25.235 while lowest mark touched by it was $25.56.

Taking a look at 20-day trading activity of Sony Group Corporation ADR (SONY) gives us an average price of $23.82, while its current price level is -3.07% below from 52-week high level whereas it is 68.29% 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 $24.33 while that of 200 days or SMA-200 reads an average of $20.73. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.17% during that period while stretching the period over a month that increases to 3.12%. 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 57.98 which implies that the stock is in neutral territory.

Over the week, SONY’s stock price is moving 0.64% up while it is 0.44% when we observe its performance for the past one month. Year-to-date it is 19.47% up and over the past year, the stock is showing an upside performance of 52.31%.

The company is expected to be releasing its next quarterly report on 2025-Feb-12, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $3T as analysts are expecting the sales for current fiscal year at $13.38T and seeing the company making $13.45T in sales next year. Moreover, analysts are in estimates of $3T for current-quarter revenue.

Currently, Sony Group Corporation ADR’s total number of outstanding shares is 6.03B with 0.00% of that held by the insiders while 7.74% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 11.55% and return on equity (ROE) at 14.40%. It has a price to earnings ratio (P/E ratio) of 20.58 while having a 19.09 of forward P/E ratio. Stock’s beta reads 0.98. Stock has a price to book (P/B) ratio of 2.92 while price to sale or P/S ratio amounts to 1.67. Its return on asset (ROA) is 3.20% on average.