SUMITOMO CHEMCL (OTCMKTS:SOMMY) Reaches New 12-Month High - Still a Buy?

Key Points

• SUMITOMO CHEMCL shares reached a new 12-month high of $16.18 during trading, closing at the same price with a volume of 617 shares exchanged.
• The company reported a net margin of 0.35% and a revenue of $3.64 billion for the quarter, with earnings of ($0.10) EPS.
• With a market capitalization of $5.36 billion, Sumitomo Chemical has a price-to-earnings ratio of 95.18 and a debt-to-equity ratio of 0.97.

SUMITOMO CHEMCL (OTCMKTS:SOMMY - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $16.18 and last traded at $16.18, with a volume of 617 shares changing hands. The stock had previously closed at $16.00.

SUMITOMO CHEMCL Price Performance

The stock has a 50 day moving average price of $13.26 and a 200-day moving average price of $12.26. The stock has a market capitalization of $5.36 billion, a price-to-earnings ratio of 95.18 and a beta of 0.25. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.56 and a quick ratio of 0.89.

SUMITOMO CHEMCL (OTCMKTS:SOMMY - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported ($0.10) earnings per share (EPS) for the quarter. SUMITOMO CHEMCL had a net margin of 0.35% and a return on equity of 0.80%. The firm had revenue of $3.64 billion during the quarter.

SUMITOMO CHEMCL Company Profile

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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