Sumitomo Chemical (OTCMKTS:SOMMY) Shares Down 1.5% - Should You Sell?

Sumitomo Chemical Company, Limited (OTCMKTS:SOMMY - Get Free Report) fell 1.5% on Monday . The stock traded as low as $11.08 and last traded at $11.36. 4,703 shares were traded during mid-day trading, a decline of 57% from the average session volume of 10,975 shares. The stock had previously closed at $11.53.

Sumitomo Chemical Stock Performance

The business has a 50 day moving average of $10.94 and a 200-day moving average of $12.46. The company has a market capitalization of $3.87 billion, a P/E ratio of -3.24 and a beta of 0.53. 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 announced its quarterly earnings results on Monday, February 3rd. The company reported $0.71 earnings per share for the quarter. Sumitomo Chemical had a negative return on equity of 15.28% and a negative net margin of 7.00%.

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.