Sumitomo Chemcl (OTCMKTS:SOMMY) Shares Gap Down – Here’s Why

Shares of Sumitomo Chemcl (OTCMKTS:SOMMY) gapped down prior to trading on Tuesday . The stock had previously closed at $17.86, but opened at $16.75. Sumitomo Chemcl shares last traded at $17.3050, with a volume of 1,498 shares traded.

Sumitomo Chemcl Price Performance

The firm has a market capitalization of $5.64 billion, a PE ratio of 13.71 and a beta of 0.31. The company has a fifty day simple moving average of $17.21 and a two-hundred day simple moving average of $16.24. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.92 and a current ratio of 1.57.

Sumitomo Chemcl (OTCMKTS:SOMMY) last issued its 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 during the quarter. Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. Analysts forecast that Sumitomo Chemcl will post 1.35 EPS for the current fiscal 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.