Sumitomo Chemcl (OTCMKTS:SOMMY) Stock Price Up 13.1% – Here’s Why

Sumitomo Chemcl (OTCMKTS:SOMMY)’s share price rose 13.1% during trading on Monday . The stock traded as high as $19.65 and last traded at $19.65. Approximately 210 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 2,642 shares. The stock had previously closed at $17.37.

Sumitomo Chemcl Trading Down 0.3%

The business’s fifty day moving average is $16.18 and its 200-day moving average is $15.79. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.92 and a current ratio of 1.57. The firm has a market cap of $6.48 billion, a P/E ratio of 15.76 and a beta of 0.26.

Sumitomo Chemcl (OTCMKTS:SOMMY) last announced its earnings results on Thursday, May 14th. The company reported ($0.52) EPS for the quarter. Sumitomo Chemcl had a return on equity of 5.21% 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.

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.