Kuraray (OTCMKTS:KURRY) Shares Gap Up - What's Next?

Key Points

• Kuraray Co. (OTCMKTS:KURRY) experienced a significant increase in stock price, gapping up from a previous close of $35.96 to open at $39.35.
• The company reported a quarterly earnings per share (EPS) of $0.82 and a revenue of $1.28 billion.
• Kuraray has a market capitalization of $4.26 billion and a low beta of 0.05, indicating low volatility compared to the market.

Kuraray Co. (OTCMKTS:KURRY - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $35.96, but opened at $39.35. Kuraray shares last traded at $39.35, with a volume of 122 shares traded.

Kuraray Price Performance

The firm has a 50-day moving average of $36.97 and a 200-day moving average of $37.60. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.45 and a current ratio of 2.75. The firm has a market capitalization of $4.26 billion, a P/E ratio of 28.93 and a beta of 0.05.

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

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