Sumitomo Electric Industries (OTCMKTS:SMTOY) Posts Quarterly Earnings Results

Sumitomo Electric Industries (OTCMKTS:SMTOY) issued its earnings results on Tuesday. The company reported $0.35 earnings per share (EPS) for the quarter, Zacks reports.

Sumitomo Electric Industries Trading Up 0.9 %

OTCMKTS:SMTOY opened at $19.52 on Thursday. The firm’s fifty day simple moving average is $18.28 and its 200 day simple moving average is $16.87. Sumitomo Electric Industries has a twelve month low of $12.80 and a twelve month high of $21.51.

About Sumitomo Electric Industries

Sumitomo Electric Industries, Ltd. manufactures and sells electric wires and cables worldwide. It operates through Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others segments. The company offers wiring harnesses and electrical components; steel cords for tire reinforcement; steel wires for springs; wiring materials; optical lenses for infrared devices; abrasion-resistant parts/materials; heat shrink and heat-resistant tubing/tapes; magnet and aluminum bars/wires; products for electronic devices; sintered parts; and EV quick-charger connector assemblies.