Sumitomo Chemcl (OTCMKTS:SOMMY) Shares Gap Down – Here’s What Happened
by Amy Steele · The Cerbat GemSumitomo Chemcl (OTCMKTS:SOMMY – Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $16.4450, but opened at $15.7240. Sumitomo Chemcl shares last traded at $15.66, with a volume of 328 shares changing hands.
Sumitomo Chemcl Price Performance
The business’s 50-day moving average price is $16.17 and its 200 day moving average price is $15.71. The stock has a market capitalization of $5.42 billion, a PE ratio of 8.34 and a beta of 0.26. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.92 and a current ratio of 1.57.
Sumitomo Chemcl Company Profile
Sumitomo Chemical Co, Ltd. is a diversified chemical company headquartered in Tokyo, Japan. Established in 1913 as part of the historic Sumitomo Group, the company has grown into a global industry leader, operating across multiple chemical and material science industries. It is listed in Japan’s premier equity markets and is available to U.S. investors via its American depositary receipts trading under the ticker SOMMY on the OTCMKTS exchange.
The company’s operations are organized into several core business segments, including petrochemicals, energy and functional materials, IT‐related chemicals, living materials, and health & crop sciences.