Sumitomo Chemcl (OTCMKTS:SOMMY) Shares Gap Up – Here’s What Happened

Sumitomo Chemcl (OTCMKTS:SOMMY) shares gapped up before the market opened on Friday . The stock had previously closed at $18.40, but opened at $19.91. Sumitomo Chemcl shares last traded at $19.91, with a volume of 604 shares trading hands.

Sumitomo Chemcl Stock Performance

The stock has a market cap of $6.32 billion, a P/E ratio of 15.36 and a beta of 0.26. The business has a 50 day moving average price of $16.73 and a 200 day moving average price of $16.04. The company has a quick ratio of 0.92, a current ratio of 1.57 and a debt-to-equity ratio of 0.76.

Sumitomo Chemcl (OTCMKTS:SOMMY) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.52) EPS for the quarter. The company had revenue of $3.97 billion during the quarter. Sumitomo Chemcl had a return on equity of 5.21% and a net margin of 2.65%.Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. As a group, sell-side analysts expect that Sumitomo Chemcl will post 1.35 EPS for the current 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.