Kuraray Co. (OTCMKTS:KURRY – Get Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $32.1625, but opened at $30.00. Kuraray shares last traded at $30.00, with a volume of 510 shares changing hands.
Kuraray Stock Down 6.7%
The company has a debt-to-equity ratio of 0.26, a current ratio of 2.53 and a quick ratio of 1.36. The company has a fifty day moving average price of $32.11 and a 200 day moving average price of $31.67. The company has a market cap of $3.08 billion, a PE ratio of 115.39 and a beta of -0.03.
Kuraray (OTCMKTS:KURRY – Get Free Report) last announced its earnings results on Wednesday, May 13th. The company reported $0.62 earnings per share for the quarter. Kuraray had a net margin of 0.44% and a return on equity of 4.58%. The business had revenue of $1.28 billion for the quarter.
About Kuraray
Kuraray Co, Ltd. is a Japan-based specialty chemicals and materials company that develops, manufactures and markets a broad range of synthetic resins, fibers and functional polymers. Established in 1926, the company has built a diversified portfolio that includes polyvinyl alcohol (PVOH) resins, ethylene-vinyl alcohol copolymers (EVOH), cellulose-based derivatives, synthetic rubber and water-soluble polymers. These materials serve as key inputs for industries ranging from packaging and paper to automotive and electronics.
The company’s flagship products include the Mowital® series of PVOH resins, known for their film-forming and adhesive properties; EVAL™ EVOH resins, which offer high gas-barrier performance for food and medical packaging; and Clarino®, a high-performance synthetic leather used in apparel, footwear and upholstery.
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