Suruga Bank (OTCMKTS:SUGBY) Sets New 1-Year High – What’s Next?

Suruga Bank Ltd. (OTCMKTS:SUGBYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $72.20 and last traded at $72.20, with a volume of 0 shares trading hands. The stock had previously closed at $72.20.

Suruga Bank Stock Performance

The company has a market capitalization of $1.42 billion, a P/E ratio of 11.74 and a beta of -0.04. The stock has a 50 day moving average of $72.20 and a 200-day moving average of $68.23.

Suruga Bank (OTCMKTS:SUGBYGet Free Report) last released its earnings results on Thursday, August 8th. The company reported $2.07 earnings per share (EPS) for the quarter. Suruga Bank had a return on equity of 6.24% and a net margin of 20.05%. The firm had revenue of $123.20 million during the quarter.

About Suruga Bank

(Get Free Report)

Suruga Bank Ltd. provides various banking and financial products and services to individuals and corporate customers in Japan. The company offers deposit products, such as time, ordinary, savings, foreign currency, and other deposits, as well as current and general accounts; card, housing, second house, startup, and business up term loans, as well as loans by purpose; credit and debit cards; overdrafts; and other financing products.

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