Kuraray (OTCMKTS:KURRY) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Kuraray Co. (OTCMKTS:KURRYGet Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $34.26 and traded as low as $32.6350. Kuraray shares last traded at $32.6350, with a volume of 288 shares.

Kuraray Stock Performance

The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.33 and a current ratio of 2.44. The firm’s 50 day simple moving average is $34.26 and its 200-day simple moving average is $35.48. The company has a market cap of $3.53 billion, a price-to-earnings ratio of 33.30 and a beta of 0.06.

Kuraray (OTCMKTS:KURRYGet Free Report) last announced its earnings results on Friday, August 8th. The company reported $0.04 earnings per share (EPS) for the quarter. Kuraray had a net margin of 1.90% and a return on equity of 5.38%. The company had revenue of $1.42 billion for the quarter.

About Kuraray

(Get Free Report)

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.

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