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Sumitomo Corporation (SSUMF)

Other OTC - Other OTC Delayed price. Currency in USD
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27.79+1.61 (+6.14%)
As of 01:56PM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close26.18
Open27.79
Bid0.00 x 0
Ask0.00 x 0
Day's range27.79 - 28.13
52-week range18.06 - 28.13
Volume1,475
Avg. volume1,152
Market cap33.96B
Beta (5Y monthly)0.77
PE ratio (TTM)10.57
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.84 (3.19%)
Ex-dividend date28 Mar 2024
1y target estN/A
  • Reuters

    Japan's Sumitomo Corp net profit down 32% on Madagascar one-off loss

    TOKYO (Reuters) -Japanese trading house Sumitomo Corp reported net profit for the fiscal year ended in March fell 31.7% from a year earlier to 386.4 billion yen ($2.5 billion), missing estimates, as it took a one-time loss on four businesses. A LSEG poll of analysts had forecast Sumitomo's net profit for the fiscal year at 504.9 billion yen. Sumitomo booked a total of 150 billion yen one-off losses on four problematic operations, including the Ambatovy nickel project in Madagascar, which wiped off nearly a half, or 89 billion yen, from its bottom line.

  • Reuters

    Activist investor Elliott buys stake in Japan's Sumitomo, source says

    U.S. hedge fund Elliott Management Corp has bought a stake in Sumitomo Corp worth several tens of billions of yen, a person familiar with the situation said on Tuesday. The purchase follows Warren Buffett's closely watched investment in the Japanese trading house. The person did not give an exact figure for the Sumitomo transaction and asked not to be identified because the purchase has not been publicly disclosed.

  • Bloomberg

    Sumitomo Shares Jump After Elliott Reported to Build Stake

    (Bloomberg) -- Sumitomo Corp. shares surged by the most since August 2020 after activist investor Elliott Management Corp. was said to have built a “large” stake in the Japanese trading house.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailUS Warns ICC Action on Israel Would Hurt Ceas