Sumitomo Chemical Company, Limited (OTCMKTS:SOMMY – Get Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 1,500 shares, a growth of 1,400.0% from the December 31st total of 100 shares. Based on an average daily trading volume, of 31,200 shares, the days-to-cover ratio is presently 0.0 days.
Sumitomo Chemical Stock Performance
Sumitomo Chemical stock traded down $0.17 during midday trading on Wednesday, hitting $10.50. 5,847 shares of the company were exchanged, compared to its average volume of 14,619. The business has a fifty day simple moving average of $11.21 and a two-hundred day simple moving average of $12.71. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.69 and a current ratio of 1.21. The firm has a market capitalization of $3.48 billion, a PE ratio of -2.10 and a beta of 0.53. Sumitomo Chemical has a fifty-two week low of $9.55 and a fifty-two week high of $14.99.
Sumitomo Chemical (OTCMKTS:SOMMY – Get Free Report) last posted its earnings results on Wednesday, October 30th. The company reported ($0.64) earnings per share for the quarter. Sumitomo Chemical had a negative net margin of 9.83% and a negative return on equity of 19.08%. The firm had revenue of $4.23 billion for the quarter.
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.
Read More
- Five stocks we like better than Sumitomo Chemical
- What is a buyback in stocks? A comprehensive guide for investors
- How to Short Sell Stocks Like a Pro: Strategies and Tips
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- 3 Steel Stocks Soaring After Tariff Announcements
- What does consumer price index measure?
- Top Analysts’ Picks for 2025: 3 of Morgan Stanley’s Favorites
Receive News & Ratings for Sumitomo Chemical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumitomo Chemical and related companies with MarketBeat.com's FREE daily email newsletter.