Kuraray Co., Ltd. (OTCMKTS:KURRY) Sees Large Decrease in Short Interest

Kuraray Co., Ltd. (OTCMKTS:KURRY - Get Free Report) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 500 shares, a decrease of 16.7% from the March 15th total of 600 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 1.3 days.

Kuraray Stock Up 7.1 %

Shares of OTCMKTS:KURRY traded up $2.28 on Monday, hitting $34.28. 542 shares of the company's stock were exchanged, compared to its average volume of 1,946. The firm's 50-day moving average is $31.22 and its 200 day moving average is $31.64. The company has a market capitalization of $3.82 billion, a PE ratio of 12.74 and a beta of 0.30. Kuraray has a 1-year low of $27.75 and a 1-year high of $36.47. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.61 and a current ratio of 2.75.

Kuraray (OTCMKTS:KURRY - Get Free Report) last announced its earnings results on Thursday, February 8th. The company reported $0.53 earnings per share (EPS) for the quarter. The firm had revenue of $1.40 billion during the quarter. Kuraray had a return on equity of 6.74% and a net margin of 5.46%.

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.