Sumitomo Chemcl (OTCMKTS:SOMMY) Posts Earnings Results

Key Points

• Sumitomo Chemical reported a quarterly earnings loss of ($0.10) earnings per share (EPS), with a net margin of 1.44% and a return on equity of 3.31%.
• As of mid-day trading on Friday, shares of Sumitomo Chemcl (OTCMKTS:SOMMY) decreased by $0.07 to reach a price of $12.58.
• The company has a market capitalization of $4.17 billion and trades with a price-to-earnings ratio of 16.77.

Sumitomo Chemcl (OTCMKTS:SOMMY - Get Free Report) released its quarterly earnings results on Friday. The company reported ($0.10) earnings per share (EPS) for the quarter, Zacks reports. Sumitomo Chemcl had a net margin of 1.44% and a return on equity of 3.31%.

Sumitomo Chemcl Price Performance

Shares of SOMMY traded down $0.07 during mid-day trading on Friday, hitting $12.58. 265 shares of the company were exchanged, compared to its average volume of 2,689. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 16.77 and a beta of 0.27. Sumitomo Chemcl has a 1-year low of $9.95 and a 1-year high of $14.99. The company has a 50 day moving average of $12.07 and a 200-day moving average of $11.66. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.92 and a current ratio of 1.52.

About Sumitomo Chemcl

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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