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

Key Points

• Kuraray Co. (OTCMKTS:KURRY) experienced a stock price increase, opening at $38.02 after a previous close of $35.53.
• The company reported $0.82 earnings per share for the last quarter, with a revenue of $1.28 billion.
• Kuraray maintains a strong financial position with a current ratio of 2.75 and a debt-to-equity ratio of 0.25.

Kuraray Co. (OTCMKTS:KURRY - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $35.53, but opened at $38.02. Kuraray shares last traded at $38.02, with a volume of 373 shares traded.

Kuraray Stock Performance

The business's 50-day simple moving average is $36.83 and its two-hundred day simple moving average is $37.08. The firm has a market cap of $3.45 billion, a price-to-earnings ratio of 32.47 and a beta of 0.08. The company has a quick ratio of 1.45, a current ratio of 2.75 and a debt-to-equity ratio of 0.25.

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

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.