Do you want something high tech that will help you record whatever you see? Well Sony Corporation (ADR) (NYSE:SNE) has something for you then. The Japanese electronics giant has launched binoculars to perform such function.
The new lenses incorporated in the latest design provide maximum magnification up to 25 times higher. The device is called DEV 50 V that will allow you to capture the wow moments in your daily life. Company said that the commercial availability of the device will happen somewhere in June starting at price of 2000 US dollars.
The new device is not only lighter and also provides you an auto focus function. The devices allows you to share the videos with the help of HDMI port to be displayed on your TV. The enthusiasts can also take the binoculars into the wild since the device is dust proof and waterproof at the same time.
Coming to the stock performance; Sony Corporation (ADR) (NYSE:SNE) in last trading session end up at $16.67 by rising 0.91% with the average volume of 3.28 million shares. In premarket SNE shares fell -0.12%.
The stock price saw week’s volatility of 1.77% and month’s volatility is 1.93%, while the stock price of the company is moving down from its 20 days moving average with -1.11% and isolated positively from 50 days moving average with 4.31%.
Looking at Analytic Ratios; the price to sales ratio of SNE in past twelve months was calculated as 0.25 and price to cash ratio as 1.32. Company return on equity ratio is recorded as -14.44% and its return on assets is -1.87%, and return on investment is -2.94%.