Sumitomo Mitsui Trust (OTCMKTS:SUTNY – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Thursday,Zacks.com reports.
Sumitomo Mitsui Trust Price Performance
Shares of SUTNY stock opened at $7.44 on Thursday. The company’s fifty day simple moving average is $6.96 and its 200-day simple moving average is $6.63. Sumitomo Mitsui Trust has a 52 week low of $5.03 and a 52 week high of $7.78.
Sumitomo Mitsui Trust (OTCMKTS:SUTNY – Get Free Report) last issued its earnings results on Thursday, June 11th. The company reported $999.00 EPS for the quarter. The business had revenue of $4.88 billion during the quarter.
Sumitomo Mitsui Trust Company Profile
Sumitomo Mitsui Trust Holdings, Inc, known internationally under the ticker OTCMKTS:SUTNY, is Japan’s largest trust banking group, offering a broad array of fiduciary and financial services. Headquartered in Tokyo, the company operates through a network of domestic branches and overseas offices in Asia, Europe and North America to serve institutional investors, corporates and private clients.
The group’s core activities span trust banking, asset management, real estate services and wholesale banking.
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