Kuraray Co. (OTCMKTS:KURRY - Get Free Report)'s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $32.46 and traded as low as $32.1625. Kuraray shares last traded at $32.1625, with a volume of 270 shares changing hands.
Kuraray Stock Up 5.5%
The company has a market cap of $3.30 billion, a PE ratio of 64.33 and a beta of -0.03. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.36 and a current ratio of 2.53. The stock's 50 day moving average price is $32.46 and its 200-day moving average price is $31.69.
Kuraray (OTCMKTS:KURRY - Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.81 earnings per share for the quarter. The business had revenue of $1.40 billion during the quarter. Kuraray had a net margin of 0.97% and a return on equity of 5.11%.
About Kuraray
(
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Kuraray Co, Ltd. is a Japan-based specialty chemicals and materials company that develops, manufactures and markets a broad range of synthetic resins, fibers and functional polymers. Established in 1926, the company has built a diversified portfolio that includes polyvinyl alcohol (PVOH) resins, ethylene-vinyl alcohol copolymers (EVOH), cellulose-based derivatives, synthetic rubber and water-soluble polymers. These materials serve as key inputs for industries ranging from packaging and paper to automotive and electronics.
The company's flagship products include the Mowital® series of PVOH resins, known for their film-forming and adhesive properties; EVAL™ EVOH resins, which offer high gas-barrier performance for food and medical packaging; and Clarino®, a high-performance synthetic leather used in apparel, footwear and upholstery.
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