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

Key Points

• Kuraray Co. shares opened at $33.62 on Tuesday, down from a previous close of $35.71, indicating a 5.8% decline.
• The company reported earnings of $0.04 EPS for the last quarter, with revenue totaling $1.42 billion and a net margin of 1.90%.
• Kuraray has a market capitalization of $3.64 billion and a low beta of 0.08, suggesting low volatility in its stock performance.

Kuraray Co. (OTCMKTS:KURRY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $35.71, but opened at $33.62. Kuraray shares last traded at $33.62, with a volume of 113 shares changing hands.

Kuraray Price Performance

The company has a 50 day moving average price of $36.30 and a 200-day moving average price of $36.42. 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 company has a market cap of $3.64 billion, a price-to-earnings ratio of 34.31 and a beta of 0.08.

Kuraray (OTCMKTS:KURRY - Get Free Report) last released its quarterly earnings data on Friday, August 8th. The company reported $0.04 earnings per share (EPS) for the quarter. Kuraray had a return on equity of 5.41% and a net margin of 1.90%.The company had revenue of $1.42 billion during the quarter.

About Kuraray

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.