Sumitomo Chemcl (OTCMKTS:SOMMY) Trading Down 5.6% – Here’s What Happened

Shares of Sumitomo Chemcl (OTCMKTS:SOMMY) fell 5.6% on Friday . The company traded as low as $18.41 and last traded at $18.41. 169 shares were traded during trading, a decline of 93% from the average session volume of 2,559 shares. The stock had previously closed at $19.50.

Sumitomo Chemcl Trading Down 1.4%

The business has a 50 day moving average of $16.50 and a two-hundred day moving average of $15.91. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.92 and a current ratio of 1.57. The firm has a market capitalization of $5.99 billion, a price-to-earnings ratio of 14.56 and a beta of 0.26.

Sumitomo Chemcl (OTCMKTS:SOMMY) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.52) earnings per share for the quarter. Sumitomo Chemcl had a return on equity of 5.21% and a net margin of 2.65%.The firm had revenue of $3.97 billion for the quarter. Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. Equities analysts predict that Sumitomo Chemcl will post 1.35 EPS for the current year.

Sumitomo Chemcl Company Profile

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.