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Kuraray (OTCMKTS:KURRY) Shares Cross Above 50-Day Moving Average - Should You Sell?

Kuraray logo with Basic Materials background

Kuraray Co., Ltd. (OTCMKTS:KURRY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $35.51 and traded as high as $36.95. Kuraray shares last traded at $36.95, with a volume of 193 shares changing hands.

Kuraray Price Performance

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 stock has a market cap of $4.00 billion, a price-to-earnings ratio of 19.14 and a beta of 0.04. The business's fifty day simple moving average is $35.48 and its 200 day simple moving average is $39.15.

Kuraray (OTCMKTS:KURRY - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $0.82 earnings per share (EPS) for the quarter. Kuraray had a return on equity of 7.73% and a net margin of 3.90%. The company had revenue of $1.28 billion for 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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