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Why is SMTOY up 5.18%?
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SMTOY:OTCMKTS
Sumitomo Electric Industries Unsponsored ADR
$7.92
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+5.18%(+0.39) 1D
Oct 2, 1:15:11 PM GMT-4 · USD
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All symbols
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for SMTOY...
Open
$7.68
High
$8.04
Low
$7.68
Mkt. cap
7.79T
Avg. vol.
690.42K
Volume
252.84K
52-wk high
$11.14
52-wk low
$3.52
Beta
1.14
Shares outstanding
6.35B
No. of employees
303K
Open
$7.68
High
$8.04
Low
$7.68
Mkt. cap
7.79T
Avg. vol.
690.42K
Volume
252.84K
52-wk high
$11.14
52-wk low
$3.52
Beta
1.14
Shares outstanding
6.35B
No. of employees
303K
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Profile
Sumitomo Electric Industries, Ltd. is a manufacturer of electric wire and optical fiber cables. Its headquarters are in Chūō-ku, Osaka, Japan. The company's shares are listed in the first section of the Tokyo, Nagoya Stock Exchanges, and the Fukuoka Stock Exchange. In the period ending March 2021, the company reported consolidated sales of US$26.5 billion.
The company was founded in 1897 to produce copper wire for electrical uses. Sumitomo Electric operates in five business fields: Automotive, Information & Communications, Electronics, Environment & Energy, and Industrial materials and is developing in two others: Life Sciences and Materials & Resources. It has more than 400 subsidiaries and over 280,000 employees in more than 30 countries.
Sumitomo Electric has traditionally had an intensive focus on R&D to develop new products. Its technologies have been used in major projects including traffic control in Thailand, improvement of telecom networks in Nigeria, membrane technology for waste water treatment in Korea, and bridge construction in Germany. Sumitomo produces chips for 5G base stations. Wikipedia
About Sumitomo Electric Industries Unsponsored ADR
CEOMasayoshi Matsumoto
Employees303K
Founded1897
HeadquartersOsaka, Osaka, Japan
SectorAuto Parts
Websitesumitomoelectric.com