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Kuraray (OTCMKTS:KURRY) Stock Passes Below 50 Day Moving Average - Should You Sell?

Kuraray logo with Basic Materials background

Kuraray Co., Ltd. (OTCMKTS:KURRY - Get Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $35.40 and traded as low as $35.00. Kuraray shares last traded at $35.00, with a volume of 342 shares trading hands.

Kuraray Stock 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 company has a market capitalization of $3.79 billion, a PE ratio of 18.13 and a beta of 0.08. The stock has a fifty day moving average of $35.57 and a 200 day moving average of $39.09.

Kuraray (OTCMKTS:KURRY - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.82 EPS for the quarter. Kuraray had a net margin of 3.90% and a return on equity of 7.73%. The firm 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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