Sumitomo Chemical (OTCMKTS:SOMMY) Announces Quarterly Earnings Results

Sumitomo Chemical (OTCMKTS:SOMMY) posted its quarterly earnings data on Monday. The company reported $0.71 earnings per share for the quarter, Zacks reports. Sumitomo Chemical had a negative net margin of 9.83% and a negative return on equity of 19.83%.

Sumitomo Chemical Trading Up 1.4 %

SOMMY opened at $10.80 on Monday. Sumitomo Chemical has a twelve month low of $9.55 and a twelve month high of $14.99. The company has a 50-day simple moving average of $11.13 and a 200 day simple moving average of $12.68. The company has a quick ratio of 0.75, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of -2.15 and a beta of 0.53.

About Sumitomo Chemical

Sumitomo Chemical Company, Limited engages in Chemicals & Plastics, energy and functional materials, IT-related chemicals, health and crop sciences, pharmaceuticals, and other businesses worldwide. Its Essential Chemicals & Plastics segment offers synthetic resins, such as polyethylene, polypropylene, and polymethyl methacrylate resins; raw materials for synthetic fibers; and various industrial chemicals.