SUMITOMO CHEMCL (OTCMKTS:SOMMY - Get Free Report)'s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $15.93, but opened at $15.16. SUMITOMO CHEMCL shares last traded at $15.16, with a volume of 109 shares changing hands.
SUMITOMO CHEMCL Stock Down 4.8%
The business's 50 day moving average is $14.49 and its 200-day moving average is $12.73. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.89 and a current ratio of 1.56. The firm has a market capitalization of $5.03 billion, a price-to-earnings ratio of 89.19 and a beta of 0.25.
SUMITOMO CHEMCL (OTCMKTS:SOMMY - Get Free Report) last posted its earnings results 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.
About SUMITOMO CHEMCL
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sumitomo Chemcl, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sumitomo Chemcl wasn't on the list.
While Sumitomo Chemcl currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
