Sumitomo Chemcl (OTCMKTS:SOMMY) Sets New 12-Month High – Here’s Why

Sumitomo Chemcl (OTCMKTS:SOMMY)’s share price reached a new 52-week high on Thursday . The stock traded as high as $19.90 and last traded at $19.90, with a volume of 307 shares changing hands. The stock had previously closed at $18.62.

Sumitomo Chemcl Stock Performance

The company has a quick ratio of 1.00, a current ratio of 1.57 and a debt-to-equity ratio of 0.76. The firm has a 50-day moving average price of $15.73 and a 200 day moving average price of $15.29. The firm has a market capitalization of $6.03 billion, a PE ratio of 9.28 and a beta of 0.28.

Sumitomo Chemcl (OTCMKTS:SOMMY) last posted its earnings results on Tuesday, February 3rd. The company reported $0.94 earnings per share (EPS) for the quarter. The firm had revenue of $3.97 billion for the quarter. Sumitomo Chemcl had a return on equity of 8.40% and a net margin of 4.01%.

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.