SONY Stock Summary and Trading Ideas (Sony Group American Depositary Shares | NYSE:SONY)

Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments.

Sony Group American Depositary Shares trades on the NYSE stock market under the symbol SONY.

As of November 15, 2024, SONY stock price declined to $18.46 with 2,795,817 million shares trading.

SONY has a beta of 1.48, meaning it tends to be more sensitive to market movements. SONY has a correlation of 0.27 to the broad based SPY ETF.

SONY has a market cap of $111.38 billion. This is considered a Large Cap stock.

Last quarter Sony Group American Depositary Shares reported $20 billion in Revenue and $.37 earnings per share. This fell short of revenue expectation by $-100 million and exceeded earnings estimates by $.10.

In the last 3 years, SONY traded as high as $26.75 and as low as $12.34.

The top ETF exchange traded funds that SONY belongs to (by Net Assets): AVDE, APIE, AVIV, PID, DFAX.

SONY has underperformed the market in the last year with a return of +8.5%, while the SPY ETF gained +32.1%. In the last 3 month period, SONY fell short of the market, returning +3.7%, while SPY returned +8.0%. However, in the most recent 2 weeks SONY has outperformed the stock market by returning +4.9%, while SPY returned +3.0%.

SONY support price is $18.27 and resistance is $18.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SONY shares will trade within this expected range on the day.