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Kuraray (OTCMKTS:KURRY) Shares Gap Down - Time to Sell?

Kuraray logo with Basic Materials background

Key Points

  • Kuraray Co. shares opened at $35.88 after gapping down from a previous close of $38.23, marking a decline of 6.1% in early trading.
  • The company reported quarterly earnings of $0.82 EPS with a revenue of $1.28 billion and a net margin of 2.69%.
  • Kuraray has a market capitalization of $3.89 billion and a relatively low debt-to-equity ratio of 0.25, indicating financial stability.
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Kuraray Co. (OTCMKTS:KURRY - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $38.23, but opened at $35.88. Kuraray shares last traded at $35.88, with a volume of 110 shares trading hands.

Kuraray Trading Down 6.1%

The firm has a market capitalization of $3.89 billion, a P/E ratio of 26.38 and a beta of 0.05. The company has a quick ratio of 1.45, a current ratio of 2.75 and a debt-to-equity ratio of 0.25. The business has a 50-day moving average price of $37.16 and a 200-day moving average price of $37.69.

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

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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