Sumitomo Chemical (OTCMKTS:SOMMY) Issues Quarterly Earnings Results

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

Sumitomo Chemical Price Performance

Sumitomo Chemical stock opened at $10.62 on Tuesday. 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’s 50 day simple moving average is $11.13 and its 200-day simple moving average is $12.68. Sumitomo Chemical has a 1 year low of $9.55 and a 1 year high of $14.99.

Sumitomo Chemical 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.