Resonac (OTCMKTS:SHWDY – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $999.00 EPS for the quarter, Zacks reports. Resonac had a return on equity of 4.11% and a net margin of 2.11%.
Resonac Price Performance
Shares of Resonac stock remained flat at $103.08 during trading hours on Thursday. The company’s stock had a trading volume of 138 shares, compared to its average volume of 120. Resonac has a 12 month low of $20.48 and a 12 month high of $126.17. The stock has a 50 day simple moving average of $79.63 and a 200 day simple moving average of $59.70. The company has a market capitalization of $19.06 billion, a P/E ratio of 97.25 and a beta of 0.49. The company has a quick ratio of 1.37, a current ratio of 1.80 and a debt-to-equity ratio of 1.07.
Resonac Company Profile
Resonac Corporation (OTCMKTS: SHWDY), formerly known as Showa Denko K.K., is a diversified chemical manufacturer based in Tokyo, Japan. The company produces a broad range of industrial chemicals and performance materials that serve sectors including automotive, electronics, energy storage and environmental applications. Its product portfolio encompasses basic petrochemicals, polyolefins, functional chemicals, ceramic powders, aluminum specialty products and graphite electrodes for steel production.
Resonac maintains a strong presence in the electronics materials market through its supply of semiconductor‐grade silicon, silicon wafers, rare‐earth magnetic alloys and high‐purity gases and chemicals used in semiconductor fabrication.
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