Sumitomo Chemcl (OTCMKTS:SOMMY) Shares Gap Up – Still a Buy?

Shares of Sumitomo Chemcl (OTCMKTS:SOMMY) gapped up before the market opened on Wednesday . The stock had previously closed at $17.00, but opened at $18.00. Sumitomo Chemcl shares last traded at $18.00, with a volume of 150 shares changing hands.

Sumitomo Chemcl Trading Down 0.7%

The stock has a market cap of $5.76 billion, a PE ratio of 14.02 and a beta of 0.31. The firm has a 50-day simple moving average of $17.31 and a 200-day simple moving average of $16.32. The company has a quick ratio of 0.91, a current ratio of 1.51 and a debt-to-equity ratio of 0.74.

Sumitomo Chemcl (OTCMKTS:SOMMY) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.52) EPS for the quarter. The company had revenue of $3.97 billion during the quarter. Sumitomo Chemcl had a return on equity of 5.16% and a net margin of 2.65%.Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. Equities analysts forecast that Sumitomo Chemcl will post 1.35 earnings per share for the current year.

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.