Tokuyama (OTCMKTS:TKYMY) Trading Down 2.9% – Time to Sell?

Tokuyama Co. (OTCMKTS:TKYMYGet Free Report) was down 2.9% on Tuesday . The stock traded as low as $8.06 and last traded at $8.06. Approximately 130 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 1,185 shares. The stock had previously closed at $8.30.

Tokuyama Stock Performance

The business has a 50 day moving average of $9.44 and a 200-day moving average of $9.38. The company has a market capitalization of $1.16 billion, a P/E ratio of 7.53 and a beta of 0.52. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.40 and a current ratio of 2.10.

Tokuyama (OTCMKTS:TKYMYGet Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.20 earnings per share (EPS) for the quarter. Tokuyama had a net margin of 6.76% and a return on equity of 7.97%. The firm had revenue of $557.94 million for the quarter.

Tokuyama Company Profile

(Get Free Report)

Tokuyama Corporation produces and sells various chemical products in Japan. The company operates through six segments: Chemicals, Cement, Electronics and Advanced Materials, Life Science, Eco Business, and Others. The Chemicals segment offers caustic soda, soda ash, calcium chloride, sodium silicate cullet, sodium bicarbonate, purified, vinyl chloride monomer, polyvinyl chloride resin, propylene oxide, methylene chloride, and chloroform.

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