Resonac (OTCMKTS:SHWDY) Trading Down 10.4% – What’s Next?

Resonac Holdings Co. (OTCMKTS:SHWDY)’s share price traded down 10.4% during mid-day trading on Thursday . The stock traded as low as $23.65 and last traded at $23.65. 100 shares changed hands during mid-day trading, an increase of 497% from the average session volume of 17 shares. The stock had previously closed at $26.40.

Resonac Stock Down 10.4 %

The company’s fifty day moving average price is $23.49 and its 200-day moving average price is $24.17. The stock has a market cap of $4.37 billion, a P/E ratio of 13.51 and a beta of 0.40. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.18 and a current ratio of 1.65.

Resonac (OTCMKTS:SHWDY) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.75 earnings per share for the quarter. Resonac had a net margin of 3.88% and a return on equity of 8.48%. The company had revenue of $1.58 billion during the quarter.

Resonac Company Profile

Resonac Holdings Corporation operates as a chemical company in Japan, China, rest of Asia, and internationally. It operates through Semiconductor and Electronic Materials, Mobility, Innovation Enabling Materials, and Chemicals segments. The company offers gases and solvents, abatement systems and surface treatments, CMP slurries, and anti-charging materials; semiconductor-related materials, display and sensor-related materials, and films; base and photosensitive materials for PWBs; hard disks, SiCs, and optical semiconductors for use as electronic device components; and molded plastics/sheet-formed, powder metal, and aluminum products for automotives.