Kuraray (OTCMKTS:KURRY) Shares Gap Up - Still a Buy?

Key Points

• Kuraray shares experienced a notable gap up, opening at $33.31 after a previous close of $30.60, marking a substantial increase in trading activity.
• The company's recent earnings report showed an EPS of $0.04 and a revenue of $1.42 billion, indicating a net margin of 1.90% and a return on equity of 5.38%.
• Kuraray holds a market capitalization of $3.61 billion with a low debt-to-equity ratio of 0.22, showcasing its financial stability.

Shares of Kuraray Co. (OTCMKTS:KURRY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $30.60, but opened at $33.31. Kuraray shares last traded at $33.31, with a volume of 160 shares changing hands.

Kuraray Trading Up 10.7%

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 firm's 50 day moving average is $34.39 and its 200 day moving average is $35.53. The company has a market capitalization of $3.61 billion, a PE ratio of 33.99 and a beta of 0.06.

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

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.

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