Sony Group Corporation ADR (NYSE: SONY) kicked off on Tuesday, down -1.16% from the previous trading day, before settling in for the closing price of $18.10. Over the past 52 weeks, SONY has traded in a range of $15.02-$20.18.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 3.14%. While this was happening, its average annual earnings per share was recorded 14.04%.
Let’s determine the extent of company efficiency that accounts for 113000 employees. In terms of profitability, gross margin is 29.02%, operating margin of 9.16%, and the pretax margin is 9.96%.
Sony Group Corporation ADR (SONY) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Consumer Electronics Industry. The most recent insider transaction that took place on Aug 21 ’24, was worth 4,102,353.
Sony Group Corporation ADR (SONY) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.22 earnings per share (EPS), lower than consensus estimate (set at 0.23) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.69% during the next five years compared to -3.52% drop over the previous five years of trading.
Sony Group Corporation ADR (NYSE: SONY) Trading Performance Indicators
Take a look at Sony Group Corporation ADR’s (SONY) current performance indicators. Last quarter, stock had a quick ratio of 0.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.21, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.24 in one year’s time.
Technical Analysis of Sony Group Corporation ADR (SONY)
Looking closely at Sony Group Corporation ADR (NYSE: SONY), its last 5-days average volume was 2.21 million, which is a drop from its year-to-date volume of 3.94 million. As of the previous 9 days, the stock’s Stochastic %D was 8.01%. Additionally, its Average True Range was 0.31.
During the past 100 days, Sony Group Corporation ADR’s (SONY) raw stochastic average was set at 52.21%, which indicates a significant increase from 4.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.68% in the past 14 days, which was lower than the 27.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.70, while its 200-day Moving Average is $17.78. However, in the short run, Sony Group Corporation ADR’s stock first resistance to watch stands at $17.95. Second resistance stands at $18.00. The third major resistance level sits at $18.07. If the price goes on to break the first support level at $17.83, it is likely to go to the next support level at $17.76. Should the price break the second support level, the third support level stands at $17.71.
Sony Group Corporation ADR (NYSE: SONY) Key Stats
Its annual sales at the moment are 89,843 M in contrast with the sum of 6,697 M annual income. Company’s last quarter sales were recorded 19,275 M and last quarter income was 1,482 M.
