Suruga Bank Ltd. (OTCMKTS:SUGBY – Get Free Report) shares reached a new 52-week low during trading on Friday. The stock traded as low as $172.63 and last traded at $172.63, with a volume of 6 shares changing hands. The stock had previously closed at $189.04.
Suruga Bank Price Performance
The firm has a market cap of $2.97 billion, a P/E ratio of 10.63 and a beta of -0.22. The stock’s 50-day moving average price is $127.27 and its 200 day moving average price is $91.83.
Suruga Bank (OTCMKTS:SUGBY – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $5.22 EPS for the quarter, topping analysts’ consensus estimates of $2.76 by $2.46. Suruga Bank had a net margin of 38.48% and a return on equity of 13.65%. The business had revenue of $234.94 million for the quarter, compared to analyst estimates of $16.96 billion.
About Suruga Bank
Suruga Bank, Ltd. is a Japanese regional bank headquartered in Numazu, Shizuoka Prefecture. The bank provides financial services to individuals, small and medium-sized businesses, and other customers, with operations primarily serving Shizuoka Prefecture and neighboring areas, including parts of the greater Tokyo region.
Its services include deposit accounts, residential and consumer loans, business lending, investment trusts, insurance-related products, foreign-currency services, and electronic and internet banking.
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