Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Sony Group Corp (ADR) before investing.

In this article, we go over a few key elements for understanding Sony Group Corp (ADR)’s stock price such as:

• Sony Group Corp (ADR)’s current stock price and volume
• Why Sony Group Corp (ADR)’s stock price changed recently
• Upgrades and downgrades for SONY from analysts
• SONY’s stock price momentum as measured by its relative strength

About Sony Group Corp (ADR) (SONY)

Before we jump into Sony Group Corp (ADR)’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices. It also develops, produces, markets, and distributes recorded music; publishes music; and produces and distributes animation titles, game applications, and various services for music and visual products. In addition, the company produces, acquires, and distributes live-action and animated motion pictures for theatrical release, as well as scripted and animated series, unscripted reality or light entertainment, daytime serials, game shows, television movies, and miniseries and other television programs; operation of television networks and direct-to-consumer streaming services; operates a visual effects and animation unit; and manages a studio facility. Further, it researches, develops, designs, produces, markets, distributes, sells, and services televisions, and video and sound products; interchangeable lens, as well as compact digital, and consumer and professional video cameras; projectors and medical equipment; mobile phones, accessories, and applications; and metal oxide semiconductor image sensors, charge-coupled devices, integration systems, and other semiconductors. Additionally, it offers Internet broadband network services; recording media, and storage media products; and life and non-life insurance, banking, and other services, as well as creates and distributes content for PCs and mobile phones. The company was formerly known as Sony Corporation and changed its name to Sony Group Corporation in April 2021. Sony Group Corporation was incorporated in 1946 and is headquartered in Tokyo, Japan.

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Sony Group Corp (ADR)’s Stock Price as of Market Close

As of October 09, 2024, 4:00 PM, CST, Sony Group Corp (ADR)’s stock price was $19.05.

Sony Group Corp (ADR) is down 79.98% from its previous closing price of $95.14.

During the last market session, Sony Group Corp (ADR)’s stock traded between $95.05 and $95.47. Currently, there are 37.91 million shares of Sony Group Corp (ADR) stock available for purchase.

Sony Group Corp (ADR)’s price-earnings (P/E) ratio is currently at 19.1, which is high compared to the Household Durables industry median of 12.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Sony Group Corp (ADR) Stock Price History

Sony Group Corp (ADR)’s (SONY) price is currently down 1.37% so far this month.

During the month of October, Sony Group Corp (ADR)’s stock price has reached a high of $97.41 and a low of $18.71.

Over the last year, Sony Group Corp (ADR) has hit prices as high as $20.18 and as low as $15.02. Year to date, Sony Group Corp (ADR)’s stock is up 24.87%.

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What Caused Sony Group Corp (ADR) Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of October 08, 2024, there were analysts who downgraded Sony Group Corp (ADR)’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Sony Group Corp (ADR)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Sony Group Corp (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Sony Group Corp (ADR)’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Sony Group Corp (ADR) (SONY) by visiting AAII Stock Evaluator.

Relative Price Strength of Sony Group Corp (ADR)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of October 08, 2024, Sony Group Corp (ADR) has a weighted four-quarter relative price strength of -3.39%, which translates to a Momentum Score of 47 and is considered to be Average.

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Sony Group Corp (ADR) Stock Price: Bottom Line

As of October 9, 2024, Sony Group Corp (ADR)’s stock price is $19.05, which is down 79.98% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Sony Group Corp (ADR) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.