Sumitomo Chemcl (OTCMKTS:SOMMY – Get Free Report) announced its quarterly earnings results on Monday. The company reported $0.80 EPS for the quarter, Zacks reports. Sumitomo Chemcl had a net margin of 4.52% and a return on equity of 8.37%.
Sumitomo Chemcl Trading Down 9.4%
Shares of Sumitomo Chemcl stock opened at $16.23 on Tuesday. The company has a fifty day simple moving average of $18.44 and a 200-day simple moving average of $17.10. Sumitomo Chemcl has a 12-month low of $13.83 and a 12-month high of $20.60. 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 $5.40 billion, a price-to-earnings ratio of 7.69 and a beta of 0.40.
About Sumitomo Chemcl
Sumitomo Chemical Co, Ltd. is a Japan-based diversified chemical company that develops and manufactures products for industrial, agricultural, healthcare and consumer applications. Its portfolio includes petrochemical and basic chemical products, synthetic resins, advanced materials, coatings, additives and other specialty chemicals.
The company also produces materials used in information technology and electronics, including semiconductor-related materials, display materials and other functional components.
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