Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $86.45, but opened at $98.00. Resonac shares last traded at $98.00, with a volume of 142 shares changing hands.
Resonac Trading Up 13.4%
The company has a quick ratio of 1.14, a current ratio of 1.54 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $18.73 billion, a P/E ratio of 53.38 and a beta of 0.70. The firm’s 50-day moving average price is $96.77 and its 200 day moving average price is $95.23.
Resonac (OTCMKTS:SHWDY – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.03 earnings per share for the quarter. The business had revenue of $2.32 billion for the quarter. Resonac had a net margin of 4.05% and a return on equity of 7.54%.
About Resonac
Resonac Holdings Corporation is a Japanese chemical and advanced materials company headquartered in Tokyo. Formerly known as Showa Denko K.K., the company adopted the Resonac name in January 2023 following the integration of Showa Denko and Showa Denko Materials, formerly Hitachi Chemical.
Resonac develops and manufactures materials used in semiconductors, electronic components, automobiles, energy storage and industrial applications. Its products include semiconductor packaging materials, molding compounds, die-attach films, copper-clad laminates, polishing materials and other materials used in chip manufacturing.
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