Kuraray Co. (OTCMKTS:KURRY) Sees Significant Growth in Short Interest

Kuraray Co. (OTCMKTS:KURRY – Get Free Report) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 7 shares, a growth of 600.0% from the October 15th total of 1 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 46 shares, the short-interest ratio is currently 0.2 days.

Kuraray Stock Performance

Shares of KURRY opened at $36.93 on Friday. Kuraray has a 52-week low of $27.64 and a 52-week high of $38.00. The stock has a market cap of $3.72 billion, a PE ratio of 22.94 and a beta of 0.05. The firm’s fifty day moving average is $33.49 and its two-hundred day moving average is $32.82. The company has a quick ratio of 1.45, a current ratio of 2.63 and a debt-to-equity ratio of 0.30.

Kuraray (OTCMKTS:KURRY – Get Free Report) last issued its earnings results on Wednesday, November 11th. The company reported $1.70 EPS for the quarter. The business had revenue of $1.33 billion during the quarter. Kuraray had a net margin of 2.87% and a return on equity of 7.27%.

About Kuraray

(Get Free Report)

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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