Suruga Bank (OTCMKTS:SUGBY) Sets New 52-Week High – What’s Next?

Suruga Bank Ltd. (OTCMKTS:SUGBY)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $72.20 and last traded at $72.20, with a volume of 0 shares. The stock had previously closed at $72.20.

Suruga Bank Stock Performance

The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 11.74 and a beta of -0.07. The company has a fifty day moving average price of $72.20 and a two-hundred day moving average price of $68.29.

Suruga Bank (OTCMKTS:SUGBY) last released its quarterly earnings data on Thursday, August 8th. The company reported $2.07 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 for the quarter.

Suruga Bank Company Profile

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.