Sumitomo Mitsui Financial Group Inc (SMFG) Shares are Down -1.18%

Sumitomo Mitsui Financial Group Inc (SMFG) has risen sharply, recording gains of 5.19% in the past 4 weeks. However, the stock has corrected -1.18% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.41% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.61% and the fifty day Moving Average is 8.53%. Sumitomo Mitsui Financial Group, Inc. is up 5.52% in the last three month period. Year-to-Date the stock performance stands at -11.86%.


Sumitomo Mitsui Financial Group Inc (NYSE:SMFG): On Fridays trading session , Opening price of the stock was $6.72 with an intraday high of $6.75. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $6.62. However, the stock managed to close at $6.69, a loss of 0.45% for the day. On the previous day, the stock had closed at $6.72. The total traded volume of the day was 675,457 shares.

Sumitomo Mitsui Financial Group, Inc. (SMFG) is principally engaged in the operation of banking business. The Banking segment is engaged in the operation of deposit business, lending business, trading securities buying and selling business, securities investment business, domestic and foreign exchange business, corporate bond trustee and registration service, trust business, securities investment trust and insurance counter sales. The Lease segment operates leasing activities. The Securities segment operates securities business. The Consumer Finance segment operates credit card business, consumer credit business, consumer lending business, automobile sales finance business, collecting agency and factoring business. The Other segment operates system development and information processing business, consulting and think tank business, venture capital business, business consulting operations, pension and investment management business, as well as other related financing services.

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