Shares of Sumitomo Chemcl (OTCMKTS:SOMMY – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $17.17, but opened at $16.4950. Sumitomo Chemcl shares last traded at $16.4950, with a volume of 1,004 shares traded.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Sumitomo Chemcl to a “hold” rating in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.
Check Out Our Latest Analysis on SOMMY
Sumitomo Chemcl Trading Down 3.9%
Sumitomo Chemcl (OTCMKTS:SOMMY – Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.52) earnings per share (EPS) for the quarter. The business had revenue of $3.97 billion for the quarter. Sumitomo Chemcl had a return on equity of 5.16% and a net margin of 2.65%.Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. On average, research analysts expect that Sumitomo Chemcl will post 1.5 earnings per share for the current year.
About Sumitomo Chemcl
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.
Recommended Stories
- Five stocks we like better than Sumitomo Chemcl
- 3 Photonics Companies Making Quantum Tech Possible
- Industrial and Utility Giants Boost Dividends as Data Center Tailwinds Build
- 2 ETFs to Access the World’s Best-Performing Stock Markets In 2026
- IREN’s $2.8 Billion AI Contract Haul Changes the Stock’s Story
Receive News & Ratings for Sumitomo Chemcl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumitomo Chemcl and related companies with MarketBeat.com's FREE daily email newsletter.
