Shares of Sumitomo Chemcl (OTCMKTS:SOMMY – Get Free Report) 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 traded.
Sumitomo Chemcl Trading Up 1.8%
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 50-day simple moving average of $18.34 and a 200 day simple moving average of $17.11. The company has a market cap of $5.18 billion, a price-to-earnings ratio of 7.83 and a beta of 0.45.
Sumitomo Chemcl (OTCMKTS:SOMMY – Get Free Report) last announced its quarterly earnings data on Monday, November 2nd. The company reported $0.80 earnings per share for the quarter. The business had revenue of $3.74 billion for the quarter. Sumitomo Chemcl had a return on equity of 7.85% and a net margin of 4.32%. As a group, equities research analysts predict that Sumitomo Chemcl will post 1.50 EPS for the current fiscal year.
Sumitomo Chemcl Company Profile
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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