Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG – Get Rating) shares saw an uptick in trading volume on Tuesday . 526,020 shares changed hands during mid-day trading, a decline of 81% from the previous session’s volume of 2,789,380 shares.The stock last traded at $5.95 and had previously closed at $5.92.
A number of research firms have commented on SMFG. The Goldman Sachs Group began coverage on shares of Sumitomo Mitsui Financial Group in a research report on Wednesday, April 27th. They issued a “buy” rating on the stock. Bank of America cut shares of Sumitomo Mitsui Financial Group from a “buy” rating to a “neutral” rating in a research report on Monday, April 11th. Zacks Investment Research cut shares of Sumitomo Mitsui Financial Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 14th. Finally, StockNews.com cut shares of Sumitomo Mitsui Financial Group from a “buy” rating to a “hold” rating in a research report on Wednesday, April 27th.
The company has a market capitalization of $40.34 billion, a PE ratio of 6.23, a price-to-earnings-growth ratio of 0.48 and a beta of 0.74. The stock’s 50 day simple moving average is $6.36 and its 200-day simple moving average is $6.78.
Sumitomo Mitsui Financial Group Company Profile (NYSE:SMFG)
Sumitomo Mitsui Financial Group, Inc, together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through four segments: Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit.
- Get a free copy of the StockNews.com research report on Sumitomo Mitsui Financial Group (SMFG)
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