Kuraray (OTCMKTS:KURRY – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $1.70 earnings per share for the quarter, Zacks reports. Kuraray had a return on equity of 5.37% and a net margin of 0.92%.
Kuraray Stock Performance
KURRY stock remained flat at $36.93 during mid-day trading on Wednesday. 205 shares of the company’s stock were exchanged, compared to its average volume of 43. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.45. Kuraray has a fifty-two week low of $27.64 and a fifty-two week high of $38.00. The firm has a market cap of $3.72 billion, a PE ratio of 69.68 and a beta of 0.05. The company has a 50 day simple moving average of $33.37 and a 200-day simple moving average of $32.76.
Kuraray Company Profile
Kuraray Co., Ltd. is a Japanese specialty chemicals and materials company that develops and manufactures products for industrial and consumer applications. Its portfolio includes polyvinyl alcohol (PVA) resin and fiber, ethylene vinyl alcohol (EVOH) resin, synthetic leather, activated carbon, and specialty chemicals. The company’s materials are used in applications such as packaging, automotive components, construction, electronics, water treatment, and healthcare. Kuraray also produces functional resins, elastomers, fibers, and other performance materials, including products sold under brands such as EVAL, KURALON, and CLARINO.
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