Sumitomo Electric Industries (OTCMKTS:SMTOY) Trading Down 0.1%

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Sumitomo Electric Industries, Ltd. (OTCMKTS:SMTOY) shares were down 0.1% during mid-day trading on Wednesday . The stock traded as low as $14.41 and last traded at $14.41. Approximately 1,386 shares were traded during mid-day trading, an increase of 78% from the average daily volume of 777 shares. The stock had previously closed at $14.42.

The company has a 50 day simple moving average of $12.77 and a 200-day simple moving average of $11.90.

Sumitomo Electric Industries Company Profile (OTCMKTS:SMTOY)

Sumitomo Electric Industries, Ltd. manufactures and sells electric wires and cables worldwide. It operates through five segments: Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others. The company offers wiring harnesses and electrical components; steel cords for tire reinforcement; steel wires for springs; wiring materials; optical lenses for infrared devices; abrasion-resistant parts/materials; heat shrink and heat-resistant tubing/tapes; magnet wires; aluminum bars/wires; spinel products; products for electronic devices; sintered parts; and EV quick-charger connector assemblies.

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