Zacks Research upgraded shares of SUMITOMO CHEMCL (OTCMKTS:SOMMY – Free Report) to a hold rating in a report issued on Tuesday morning,Zacks.com reports.
SUMITOMO CHEMCL Trading Up 0.4%
Shares of SUMITOMO CHEMCL stock opened at $16.17 on Tuesday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.56 and a quick ratio of 0.89. The business has a fifty day simple moving average of $14.69 and a two-hundred day simple moving average of $12.80. SUMITOMO CHEMCL has a 1 year low of $9.95 and a 1 year high of $16.85. The company has a market capitalization of $5.36 billion, a price-to-earnings ratio of 95.12 and a beta of 0.28.
SUMITOMO CHEMCL (OTCMKTS:SOMMY – Get Free Report) last announced its earnings results on Friday, August 1st. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $3.64 billion for the quarter. SUMITOMO CHEMCL had a return on equity of 0.80% and a net margin of 0.35%.
About SUMITOMO CHEMCL
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.
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