Sumitomo Chemcl (OTCMKTS:SOMMY) Shares Gap Down – What’s Next?

Sumitomo Chemcl (OTCMKTS:SOMMY)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $17.86, but opened at $16.75. Sumitomo Chemcl shares last traded at $17.3050, with a volume of 1,498 shares trading hands.

Sumitomo Chemcl Trading Down 3.1%

The business’s 50 day simple moving average is $17.16 and its two-hundred day simple moving average is $16.21. The stock has a market cap of $5.74 billion, a P/E ratio of 13.96 and a beta of 0.31. 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 announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.52) EPS for the quarter. The firm had revenue of $3.97 billion during the quarter. Sumitomo Chemcl had a net margin of 2.65% and a return on equity of 5.21%. Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. As a group, analysts expect that Sumitomo Chemcl will post 1.35 EPS for the current year.

About Sumitomo Chemcl

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.