Kuraray (OTCMKTS:KURRY) Trading Down 9.7% - Here's Why

Key Points

• Kuraray Co. shares fell 9.7% during trading, hitting a low of $35.53, with a significant drop in trading volume.
• The company reported $0.82 EPS and $1.28 billion in revenue for the last quarter, resulting in a net margin of 2.69%.
• Kuraray operates in the production and sale of various materials including resins, chemicals, and high-performance membranes globally.

Kuraray Co. (OTCMKTS:KURRY - Get Free Report)'s share price fell 9.7% during trading on Friday . The company traded as low as $35.53 and last traded at $35.53. 233 shares were traded during mid-day trading, a decline of 71% from the average session volume of 791 shares. The stock had previously closed at $39.35.

Kuraray Trading Down 9.7%

The stock has a market cap of $3.85 billion, a price-to-earnings ratio of 26.13 and a beta of 0.05. The business's fifty day simple moving average is $37.01 and its 200 day simple moving average is $37.56. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.75 and a quick ratio of 1.45.

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. The firm had revenue of $1.28 billion during the quarter. Kuraray had a net margin of 2.69% and a return on equity of 6.66%.

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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