Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY – Get Free Report)’s stock price rose 16.9% during mid-day trading on Thursday . The stock traded as high as $121.59 and last traded at $121.59. Approximately 140 shares traded hands during trading, a decline of 75% from the average daily volume of 566 shares. The stock had previously closed at $104.00.
Resonac Stock Up 16.9%
The firm has a market cap of $22.48 billion, a price-to-earnings ratio of 99.18 and a beta of 0.59. The company has a current ratio of 1.80, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. The firm has a 50 day moving average price of $95.73 and a 200-day moving average price of $69.63.
Resonac (OTCMKTS:SHWDY – Get Free Report) last released its quarterly earnings results on Thursday, May 21st. The company reported $999.00 earnings per share (EPS) for the quarter. Resonac had a return on equity of 4.89% and a net margin of 2.59%.
About Resonac
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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