Kuraray (OTCMKTS:KURRY) Shares Gap Up - Time to Buy?

Key Points

• Kuraray shares gapped up significantly, opening at $37.05 after closing at $34.55, marking a 7.3% increase.
• The company reported a net margin of 1.90% and a return on equity of 5.38% in its latest earnings results.
• Kuraray has a market capitalization of $4.01 billion with a low debt-to-equity ratio of 0.22, indicating strong financial health.

Kuraray Co. (OTCMKTS:KURRY - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $34.55, but opened at $37.05. Kuraray shares last traded at $37.05, with a volume of 143 shares.

Kuraray Price Performance

The stock's fifty day moving average is $35.42 and its 200-day moving average is $35.86. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.44 and a quick ratio of 1.33. The stock has a market capitalization of $4.01 billion, a PE ratio of 37.81 and a beta of 0.08.

Kuraray (OTCMKTS:KURRY - Get Free Report) last announced its quarterly earnings results on Friday, August 8th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $1.42 billion for the quarter. Kuraray had a net margin of 1.90% and a return on equity of 5.38%.

Kuraray Company Profile

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.