Sumitomo Chemcl (OTCMKTS:SOMMY – Get Free Report)’s stock price gapped down prior to trading on Monday. The stock had previously closed at $16.37, but opened at $15.69. Sumitomo Chemcl shares last traded at $15.3708, with a volume of 382 shares changing hands.
Sumitomo Chemcl Stock Performance
The business’s 50-day moving average price is $18.34 and its 200-day moving average price is $17.11. The company has a current ratio of 1.50, a quick ratio of 0.92 and a debt-to-equity ratio of 0.60. The stock has a market cap of $5.18 billion, a PE ratio of 7.83 and a beta of 0.45.
Sumitomo Chemcl (OTCMKTS:SOMMY – Get Free Report) last posted its earnings results on Monday, November 2nd. The company reported $0.80 EPS for the quarter. The company had revenue of $3.74 billion during the quarter. Sumitomo Chemcl had a net margin of 4.32% and a return on equity of 7.85%. As a group, equities research analysts expect that Sumitomo Chemcl will post 1.50 earnings per share for the current fiscal year.
About Sumitomo Chemcl
Sumitomo Chemical Co, Ltd. is a Japan-based chemical manufacturer with businesses spanning petrochemicals, advanced materials, agricultural products and health-related products. Its offerings include plastics and other basic chemicals, battery and electronic materials, crop-protection products, fertilizers and pharmaceuticals.
The company traces its origins to a fertilizer operation established in 1913 to make use of sulfur dioxide generated by copper smelting. It later expanded into a broad range of chemical businesses and adopted the Sumitomo Chemical name in 1944.
Sumitomo Chemical serves customers in Japan and international markets through manufacturing, research and sales operations around the world.
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