TSE:8053Trade Distributors
Is It Too Late To Consider Sumitomo (TSE:8053) After A 93% One-Year Surge?
If you are wondering whether Sumitomo is still good value after its recent share price moves, this article walks through what the current share price might be implying.
The stock closed at ¥6,277 recently, with returns of 16.0% over 30 days, 12.7% year to date, 93.0% over 1 year and 210.6% over 3 years. The current price follows a strong period for shareholders, despite a small 0.1% decline over the last week.
Recent coverage has focused on Sumitomo's position within the Japanese capital...