Sumitomo Chemcl (OTCMKTS:SOMMY) Posts Quarterly Earnings Results

Sumitomo Chemcl (OTCMKTS:SOMMY) released its quarterly earnings data on Tuesday. The company reported $0.94 EPS for the quarter, Zacks reports. Sumitomo Chemcl had a return on equity of 7.54% and a net margin of 3.43%.

Sumitomo Chemcl Stock Performance

Shares of Sumitomo Chemcl stock opened at $14.99 on Tuesday. The firm has a market cap of $4.97 billion, a PE ratio of 8.66 and a beta of 0.28. The company has a quick ratio of 1.00, a current ratio of 1.69 and a debt-to-equity ratio of 0.84. Sumitomo Chemcl has a 52 week low of $9.95 and a 52 week high of $16.85. The business’s fifty day simple moving average is $14.86 and its 200-day simple moving average is $14.78.

About Sumitomo Chemcl

Sumitomo Chemical Co, Ltd. is a diversified chemical company headquartered in Tokyo, Japan. Established in 1913 as part of the historic Sumitomo Group, the company has grown into a global industry leader, operating across multiple chemical and material science industries. It is listed in Japan’s premier equity markets and is available to U.S. investors via its American depositary receipts trading under the ticker SOMMY on the OTCMKTS exchange.

The company’s operations are organized into several core business segments, including petrochemicals, energy and functional materials, IT‐related chemicals, living materials, and health & crop sciences.