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

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Kuraray Co., Ltd. (OTCMKTS:KURRY - Get Free Report) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 400 shares, a drop of 20.0% from the March 31st total of 500 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is presently 0.1 days.

Kuraray Price Performance

Kuraray stock remained flat at $32.82 during midday trading on Friday. The company's stock had a trading volume of 63 shares, compared to its average volume of 2,196. The stock's 50-day simple moving average is $31.54 and its 200-day simple moving average is $31.57. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.75 and a quick ratio of 1.61. Kuraray has a 52 week low of $27.75 and a 52 week high of $36.47. The firm has a market capitalization of $3.66 billion, a PE ratio of 12.20 and a beta of 0.30.

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