Sumitomo Chemcl (OTCMKTS:SOMMY – Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.80 earnings per share (EPS) for the quarter, Zacks reports. Sumitomo Chemcl had a return on equity of 8.37% and a net margin of 4.52%.
Sumitomo Chemcl Stock Performance
Shares of OTCMKTS:SOMMY opened at $17.93 on Monday. The firm’s 50 day simple moving average is $18.46 and its 200 day simple moving average is $17.09. The company has a market capitalization of $5.96 billion, a price-to-earnings ratio of 8.50 and a beta of 0.45. Sumitomo Chemcl has a fifty-two week low of $13.83 and a fifty-two week high of $20.60. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.50 and a quick ratio of 0.92.
About Sumitomo Chemcl
Sumitomo Chemical Co, Ltd. is a Japan-based diversified chemical company that develops and manufactures products for industrial, agricultural, healthcare and consumer applications. Its portfolio includes petrochemical and basic chemical products, synthetic resins, advanced materials, coatings, additives and other specialty chemicals.
The company also produces materials used in information technology and electronics, including semiconductor-related materials, display materials and other functional components.
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