Sony Group Corporation ADR (NYSE:SONY) shares, rose in value, with the stock price down by -1.72% to the previous day’s close as strong demand from buyers drove the stock to $24.59.
Actively observing the price movement in the recent trading, the stock is buoying the session at $25.02. The PE ratio was 20.01 over 12-month period. Referring to stock’s 52-week performance, its high was $26.08, and the low was $15.02. On the whole, SONY has fluctuated by 15.34% over the past month.
With the market capitalization of Sony Group Corporation ADR currently standing at about $148.16 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.07, with its dividend yield at 0.27%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 13.38T, with a low estimate of 2.88T and a high estimate of 3.18T. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.01T.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SONY’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.74, with the price of SONY currently trading nearly 0.14% and 1.04% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.93, while the 7-day volatility ratio is showing 1.37% which for the 30-day chart, stands at 2.59%. Furthermore, Sony Group Corporation ADR (SONY)’s beta value is 0.99, and its average true range (ATR) is 0.64.
A comparison of Sony Group Corporation ADR (SONY) with its peers suggests the former has fared considerably weaker in the market. SONY showed an intraday change of -1.72% in today’s session so far, and over the past year, it grew by 44.92%%.
Data on historical trading for Sony Group Corporation ADR (NYSE:SONY) indicates that the trading volumes over the past 3 months, they’ve averaged 5.86 million. According to company’s latest data on outstanding shares, there are 6.03 billion shares outstanding.
Nearly 0.00% of Sony Group Corporation ADR’s shares belong to company insiders and institutional investors own 7.57% of the company’s shares. The stock has risen by 16.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SONY stock heading into the next quarter.
