Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) shares fell 3% on Thursday . The stock traded as low as $9.84 and last traded at $9.84. 2,161 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 4,866 shares. The stock had previously closed at $10.14.
Separately, Daiwa Capital Markets upgraded shares of Sumitomo Metal Mining from a “neutral” rating to a “buy” rating in a report on Tuesday, June 22nd.
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The stock has a fifty day simple moving average of $9.77.
About Sumitomo Metal Mining (OTCMKTS:SMMYY)
Sumitomo Metal Mining Co, Ltd. engages in the mining business. It operates through the following segments: Mineral Resources, Smelting and Refining, Materials, and Others. The Mineral Resources segment includes the exploration, development and production of non-ferrous metal resources as well as the sale of ores and other products.
Top 5 Stocks To Invest In 2023: Codorus Valley Bancorp, Inc(CVLY)
Codorus Valley Bancorp, Inc. (“Codorus Valley” or the “Corporation”) is a Pennsylvania business corporation, incorporated on October 7, 1986. On March 2, 1987, Codorus Valley became a bank holding company under the Bank Holding Company Act of 1956, as amended. PeoplesBank, A Codorus Valley Company (“PeoplesBank”) is its wholly owned bank subsidiary. The Corporation’s business consists primarily of managing PeoplesBank, and its principal source of income is dividends received from PeoplesBank. The Corporation also wholly-owns two non-bank subsidiaries, SYC Realty Co., Inc., a subsidiary for holding certain foreclosed assets pending liquidation, and CVLY Corp., which may be used, as needed, for the financial and legal management of acquisition transactions. On December 31, 2015, Codorus Valley had total consolidated assets of $1.46 billion, total deposits and other liabilities of $1.3 billion, and total shareholders’ equity of $159,141,000. Advisors’ Opinion:
- [By Logan Wallace]
Codorus Valley Bancorp (NASDAQ:CVLY) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Friday.
- [By Logan Wallace]
Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) declared a quarterly dividend on Tuesday, July 10th, NASDAQ reports. Investors of record on Tuesday, July 24th will be given a dividend of 0.155 per share by the financial services provider on Tuesday, August 14th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend is Monday, July 23rd.
Top 5 Stocks To Invest In 2023: Arrow Electronics, Inc.(ARW)
Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment distributes semiconductor products and related services; passive, electro-mechanical, and interconnect products consisting primarily of capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. The Global Enterprise Computing Solutions segment offers computing solutions, including datacenter, cloud, security, and analytics solutions. This segment provides access to various services, including engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training. The company serves original equipment manufacturers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.
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Top 5 Stocks To Invest In 2023: Annaly Capital Management Inc(NLY)
Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. It invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; and residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. The company also acquires, finances, and manages commercial loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets. In addition, it engages in corporate middle market lending transactions; and operates as a broker-dealer. The company has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. Annaly Capital Management, Inc. was founded in 1997 and is based in New York, New York.