Sony Group Corporation ADR [SONY] attracts people because of its fundamentals

Sony Group Corporation ADR (NYSE:SONY) shares traded -1.20% lower at $20.66 on Wall Street last session.

SONY stock price is now 7.05% away from the 50-day moving average and 15.21% away from the 200-day moving average. The market capitalization of the company currently stands at $122.75B.

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, while ‘Wolfe Research’ rates the stock as ‘Outperform’

In other news, VINCIQUERRA ANTHONY J, Officer bought 300,000 shares of the company’s stock on Dec 04 ’24. The stock was bought for $6,285,351 at an average price of $20.95. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 03 ’24, Officer VINCIQUERRA ANTHONY J bought 500,000 shares of the business’s stock. A total of $10,176,759 was incurred on buying the stock at an average price of $20.35. A total of 0.01% of the company’s stock is owned by insiders.

During the past 12 months, Sony Group Corporation ADR has had a low of $15.02 and a high of $22.71. As of last week, the company has a debt-to-equity ratio of 0.53, a current ratio of 0.66, and a quick ratio of 0.49. According to the stock market information, the enterprise value for the company is $3709590044672, which is based on a 16.91 price-to-earnings ratio, a 12.55 price-to-earnings-growth ratio, and a beta of 0.96. The fifty day moving average price for SONY is $19.299 and a two-hundred day moving average price translates $17.93279 for the stock.

The latest earnings results from Sony Group Corporation ADR (NYSE: SONY) was released for 2024-09-30. The net profit margin was 8.55% and return on equity was 14.74% for SONY. The company reported revenue of $19.47 billion for the quarter, compared to $19.52 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.26 percent.

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