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

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

Sumitomo Electric Industries Trading Down 1.6 %

OTCMKTS SMTOY opened at $18.15 on Tuesday. The company has a 50 day moving average price of $18.31 and a two-hundred day moving average price of $16.82. Sumitomo Electric Industries has a 12-month low of $12.80 and a 12-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.