Sumitomo Chemical (OTCMKTS:SOMMY) Announces Quarterly Earnings Results

Sumitomo Chemical (OTCMKTS:SOMMY) issued its earnings results on Monday. The company reported $0.71 EPS for the quarter, Zacks reports. Sumitomo Chemical had a negative return on equity of 19.83% and a negative net margin of 9.83%.

Sumitomo Chemical Stock Performance

Sumitomo Chemical stock opened at $10.80 on Monday. The business has a 50 day moving average of $11.13 and a 200-day moving average of $12.68. Sumitomo Chemical has a 1 year low of $9.55 and a 1 year high of $14.99. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 0.75. The company has a market capitalization of $3.58 billion, a P/E ratio of -2.15 and a beta of 0.53.

About Sumitomo Chemical

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.