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Kuraray (OTCMKTS:KURRY) Shares Gap Down - Here's Why

Kuraray logo with Basic Materials background

Kuraray Co. (OTCMKTS:KURRY - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $40.25, but opened at $33.55. Kuraray shares last traded at $33.55, with a volume of 403 shares traded.

Kuraray Stock Down 16.6%

The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of 24.67 and a beta of 0.08. The company has a current ratio of 2.75, a quick ratio of 1.45 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average of $36.13 and a 200-day moving average of $39.03.

Kuraray (OTCMKTS:KURRY - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.82 earnings per share for the quarter. Kuraray had a net margin of 2.69% and a return on equity of 6.66%. The company had revenue of $1.28 billion for the quarter.

About Kuraray

(Get Free Report)

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.

Further Reading

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