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

Sumitomo Chemcl (OTCMKTS:SOMMY)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $16.8750, but opened at $16.0350. Sumitomo Chemcl shares last traded at $16.0350, with a volume of 148 shares changing hands.

Sumitomo Chemcl Stock Performance

The company has a 50 day moving average of $17.29 and a 200 day moving average of $16.36. The company has a quick ratio of 0.91, a current ratio of 1.51 and a debt-to-equity ratio of 0.74. The firm has a market cap of $5.32 billion, a price-to-earnings ratio of 12.93 and a beta of 0.31.

Sumitomo Chemcl (OTCMKTS:SOMMY) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.52) earnings per share (EPS) for the quarter. Sumitomo Chemcl had a return on equity of 5.16% and a net margin of 2.65%.The business had revenue of $3.97 billion for the quarter. Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. As a group, equities research analysts expect 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.