Tokuyama (OTCMKTS:TKYMY) Hits New 52-Week Low – Time to Sell?

Tokuyama Corporation (OTCMKTS:TKYMY – Get Free Report) hit a new 52-week low on Thursday. The stock traded as low as $12.45 and last traded at $13.75, with a volume of 3,176 shares trading hands. The stock had previously closed at $14.00.

Tokuyama Price Performance

The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.09 and a current ratio of 1.74. The firm has a 50-day moving average price of $13.55 and a 200 day moving average price of $13.23. The stock has a market capitalization of $1.98 billion, a P/E ratio of 13.48 and a beta of 0.24.

Tokuyama (OTCMKTS:TKYMY – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.20 earnings per share for the quarter. Tokuyama had a net margin of 6.41% and a return on equity of 7.91%. The firm had revenue of $537.48 million for the quarter.

Tokuyama Company Profile

(Get Free Report)

Tokuyama Corporation is a Japanese chemical company that develops and manufactures a broad range of industrial and specialty materials. Its businesses include basic chemicals such as caustic soda and chlorine derivatives, as well as cement and related construction materials.

The company also supplies products for advanced technology and healthcare applications. These include polycrystalline silicon used in semiconductor manufacturing, fumed silica and other high-performance materials, dental materials, and products for the electronics and information technology industries.

Tokuyama was established in Japan in 1918 as Nihon Soda Kogyo Co, Ltd.

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