Sumitomo Chemical Company, Limited (OTCMKTS:SOMMY - Get Free Report) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 600 shares, a drop of 98.5% from the March 31st total of 38,900 shares. Based on an average daily trading volume, of 57,400 shares, the short-interest ratio is presently 0.0 days.
Sumitomo Chemical Price Performance
OTCMKTS SOMMY traded up $0.07 during mid-day trading on Friday, hitting $11.33. The stock had a trading volume of 16,305 shares, compared to its average volume of 58,535. The company has a 50 day simple moving average of $10.81 and a 200 day simple moving average of $11.69. The company has a market cap of $3.75 billion, a price-to-earnings ratio of 1,133.73 and a beta of 0.63. Sumitomo Chemical has a 52-week low of $9.69 and a 52-week high of $17.28. The company has a quick ratio of 0.67, a current ratio of 1.20 and a debt-to-equity ratio of 0.69.
Sumitomo Chemical (OTCMKTS:SOMMY - Get Free Report) last posted its earnings results on Friday, February 2nd. The company reported ($0.69) earnings per share for the quarter. The firm had revenue of $4.20 billion during the quarter. Sumitomo Chemical had a net margin of 0.02% and a return on equity of 0.03%.
About Sumitomo Chemical
(
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Sumitomo Chemical Company, Limited engages in Chemicals & Plastics, energy and functional materials, IT-related chemicals, health and crop sciences, pharmaceuticals, and other businesses worldwide. Its Essential Chemicals & Plastics segment offers synthetic resins, such as polyethylene, polypropylene, and polymethyl methacrylate resins; raw materials for synthetic fibers; and various industrial chemicals.
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