Sumitomo Chemcl (OTCMKTS:SOMMY) Reaches New 12-Month High – Here’s What Happened

Sumitomo Chemcl (OTCMKTS:SOMMY)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $19.90 and last traded at $19.90, with a volume of 307 shares changing hands. The stock had previously closed at $18.62.

Sumitomo Chemcl Stock Performance

The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.00 and a current ratio of 1.69. The stock’s 50-day simple moving average is $15.55 and its two-hundred day simple moving average is $15.22. The stock has a market cap of $6.60 billion, a price-to-earnings ratio of 10.15 and a beta of 0.28.

Sumitomo Chemcl (OTCMKTS:SOMMY) last released its earnings results on Tuesday, February 3rd. The company reported $0.94 earnings per share (EPS) for the quarter. The firm had revenue of $3.97 billion for the quarter. Sumitomo Chemcl had a return on equity of 8.61% and a net margin of 4.01%.

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.