Kuraray (OTCMKTS:KURRY) Trading Up 11.3% - Here's Why

Kuraray Co. (OTCMKTS:KURRY - Get Free Report)'s stock price was up 11.3% on Wednesday . The company traded as high as $37.35 and last traded at $37.35. Approximately 405 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 861 shares. The stock had previously closed at $33.55.

Kuraray Stock Up 11.3%

The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 27.46 and a beta of 0.08. The company has a quick ratio of 1.45, a current ratio of 2.75 and a debt-to-equity ratio of 0.25. The firm has a 50 day moving average price of $36.10 and a two-hundred day moving average price of $38.93.

Kuraray (OTCMKTS:KURRY - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.82 EPS for the quarter. The company had revenue of $1.28 billion during the quarter. Kuraray had a return on equity of 6.66% and a net margin of 2.69%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.