Sumitomo Chemcl (OTCMKTS:SOMMY) Shares Gap Up – Should You Buy?

Sumitomo Chemcl (OTCMKTS:SOMMY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $16.5150, but opened at $17.17. Sumitomo Chemcl shares last traded at $17.17, with a volume of 209 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Sumitomo Chemcl to a “hold” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Sumitomo Chemcl Price Performance

The stock has a market cap of $5.69 billion, a PE ratio of 13.85 and a beta of 0.33. The business has a fifty day simple moving average of $17.32 and a two-hundred day simple moving average of $16.59. The company has a current ratio of 1.51, a quick ratio of 0.91 and a debt-to-equity ratio of 0.74.

Sumitomo Chemcl (OTCMKTS:SOMMY) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.52) earnings per share for the quarter. The firm had revenue of $3.97 billion for the quarter. Sumitomo Chemcl had a net margin of 2.65% and a return on equity of 5.16%. Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. Research analysts forecast that Sumitomo Chemcl will post 1.5 earnings per share 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.