Sumitomo Chemcl (OTCMKTS:SOMMY) Shares Gap Up – Time to Buy?

Sumitomo Chemcl (OTCMKTS:SOMMY) gapped up before the market opened on Tuesday . The stock had previously closed at $15.90, but opened at $16.62. Sumitomo Chemcl shares last traded at $16.62, with a volume of 605 shares traded.

Sumitomo Chemcl Stock Performance

The stock has a 50 day moving average of $17.23 and a two-hundred day moving average of $16.39. The stock has a market capitalization of $5.51 billion, a PE ratio of 13.40 and a beta of 0.31. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.51 and a quick ratio of 0.91.

Sumitomo Chemcl (OTCMKTS:SOMMY) last issued its earnings results on Thursday, May 14th. The company reported ($0.52) EPS for the quarter. Sumitomo Chemcl had a return on equity of 5.16% and a net margin of 2.65%.The company had revenue of $3.97 billion for the quarter. Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. Research analysts expect that Sumitomo Chemcl will post 1.35 EPS for the current fiscal 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.