Kuraray (OTCMKTS:KURRY) Shares Gap Up - Still a 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 stock 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 trading hands.

Kuraray Trading Up 7.0%

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 firm has a market cap of $4.12 billion, a PE ratio of 27.96 and a beta of 0.08. The company's 50-day moving average is $36.93 and its 200 day moving average is $37.32.

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

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.

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