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Kuraray (OTCMKTS:KURRY) Share Price Crosses Below Fifty Day Moving Average - What's Next?

Kuraray logo with Basic Materials background

Kuraray Co., Ltd. (OTCMKTS:KURRY - Get Free Report)'s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $35.41 and traded as low as $34.50. Kuraray shares last traded at $34.50, with a volume of 10,979 shares changing hands.

Kuraray Trading Up 11.2 %

The business's fifty day moving average is $35.43 and its 200-day moving average is $39.50. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.43 and a current ratio of 2.65. The firm has a market cap of $4.08 billion, a P/E ratio of 19.53 and a beta of 0.04.

Kuraray (OTCMKTS:KURRY - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.48 earnings per share (EPS) for the quarter. Kuraray had a net margin of 3.90% and a return on equity of 7.73%.

About Kuraray

(Get Free Report)

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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