Sumitomo Chemcl (OTCMKTS:SOMMY) Shares Down 4.8% – Should You Sell?

Sumitomo Chemcl (OTCMKTS:SOMMY) shares fell 4.8% on Wednesday . The company traded as low as $17.00 and last traded at $17.00. 302 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 2,425 shares. The stock had previously closed at $17.86.

Sumitomo Chemcl Trading Down 4.8%

The business has a 50 day moving average of $17.19 and a two-hundred day moving average of $16.22. The company has a current ratio of 1.57, a quick ratio of 0.92 and a debt-to-equity ratio of 0.76. The firm has a market cap of $5.64 billion, a P/E ratio of 13.71 and a beta of 0.31.

Sumitomo Chemcl (OTCMKTS:SOMMY) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.52) earnings per share for the quarter. Sumitomo Chemcl had a net margin of 2.65% and a return on equity of 5.21%. The business had revenue of $3.97 billion during the quarter. Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. Analysts predict that Sumitomo Chemcl will post 1.35 earnings per share for the current year.

Sumitomo Chemcl Company Profile

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.