Sumitomo Chemical Company, Limited (OTCMKTS:SOMMY - Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a growth of 100.0% from the January 31st total of 100 shares. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is presently 0.0 days.
Sumitomo Chemical Stock Performance
OTCMKTS:SOMMY traded down $0.16 during trading on Wednesday, reaching $11.68. The company's stock had a trading volume of 2,593 shares, compared to its average volume of 9,981. Sumitomo Chemical has a 12 month low of $9.55 and a 12 month high of $14.99. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of -3.24 and a beta of 0.43. The firm has a 50 day moving average of $10.98 and a 200-day moving average of $12.40. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.75 and a current ratio of 1.30.
Sumitomo Chemical (OTCMKTS:SOMMY - Get Free Report) last posted its quarterly earnings results on Monday, February 3rd. The company reported $0.71 earnings per share for the quarter. Sumitomo Chemical had a negative net margin of 7.00% and a negative return on equity of 15.28%.
Sumitomo Chemical Company Profile
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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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