Suruga Bank (OTCMKTS:SUGBY) Sets New 1-Year High – Should You Buy?
by Scott Moore · The Cerbat GemSuruga Bank Ltd. (OTCMKTS:SUGBY – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $72.20 and last traded at $72.20, with a volume of 0 shares traded. The stock had previously closed at $72.20.
Suruga Bank Price Performance
The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 11.65 and a beta of -0.04. The stock’s fifty day simple moving average is $72.20 and its two-hundred day simple moving average is $67.74.
Suruga Bank (OTCMKTS:SUGBY – Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $2.07 EPS for the quarter. Suruga Bank had a net margin of 20.05% and a return on equity of 6.24%. The company had revenue of $123.20 million for the quarter.
About Suruga Bank
Suruga Bank Ltd. provides various banking and financial products and services to individuals and corporate customers in Japan. The company offers deposit products, such as time, ordinary, savings, foreign currency, and other deposits, as well as current and general accounts; card, housing, second house, startup, and business up term loans, as well as loans by purpose; credit and debit cards; overdrafts; and other financing products.
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