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Kuraray (OTCMKTS:KURRY) Shares Up 8.5% - Here's Why

Kuraray logo with Basic Materials background

Key Points

  • Kuraray Co. (OTCMKTS:KURRY) shares experienced an increase of 8.5%, rising to $36.48 during trading.
  • The company reported $1.42 billion in revenue for the latest quarter, with a net margin of 1.90% and earnings per share of $0.04.
  • Kuraray maintains a low debt-to-equity ratio of 0.22 and a market capitalization of $3.95 billion.
  • Five stocks to consider instead of Kuraray.

Kuraray Co. (OTCMKTS:KURRY - Get Free Report) shot up 8.5% on Tuesday . The stock traded as high as $36.48 and last traded at $36.48. 272 shares were traded during trading, an increase of 111% from the average session volume of 129 shares. The stock had previously closed at $33.62.

Kuraray Stock Performance

The business has a 50-day simple moving average of $35.44 and a 200 day simple moving average of $35.90. 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 has a market cap of $3.95 billion, a PE ratio of 37.22 and a beta of 0.08.

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

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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