Sony Corporation (ADR) (NYSE:SNE) Release Entry-level Phones Xperia E and Xperia E Dual In India


Sony Corporation (ADR) (NYSE:SNE) announced on Wednesday that it’s entry-level smartphones lineup, Xperia E and Xperia E dual, are now available for online purchase in India. The phones were planned online across e-commerce websites for pre-orders counting on Infibeam and Flipkart.

In order with the pre-order price, the price of Xperia E has been listed on Infibeam is Rs. 9,999 as well as it is available in Black, White and Pink colors, whereas the Xperia Z Dual price will be Rs. 10,990 and it is available in two colors Black and Champagne. The firm is as well proposing a pair of Sony Headphones (MDR-ZX100A) valued Rs. 1,490, with together the phones.

As the Flipkart is simply contribution the Xperia E Dual for outright buy.

According to the firm both Sony Xperia E and Xperia E dual were debuted in December. The Sony Xperia E contains 3.5-inch HVGA touchscreen with a single-core 1GHz Qualcomm Snapdragon MSM7227A processor.

Coming to the stock performance in last Session; Sony Corporation (ADR) (NYSE:SNE) in last trading session end up at $17.49 by falling -1.58% with traded volume of 2.60 million which is down the average volume of 3.67 million.

The stock price saw week’s volatility of 2.16% and month’s volatility is 2.06%, while the stock price of the company is moving up from its 20 days moving average with 8.89% and isolated positively from 50 days moving average with 17.99%.

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 1.31. Company return on equity ratio is recorded as -14.44% and its return on assets is -1.87%.

SNE belongs to Consumer Goods sector. Yesterday Dow Jones U.S. consumer Goods Index (SNC) was at 423.69 with 1.00% change.

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