Resonac (OTCMKTS:SHWDY) Posts Earnings Results

Key Points

• Resonac reported quarterly earnings of $0.42 per share, with a net margin of 2.40% and a return on equity of 8.34%.
• The company's shares opened at $24.02, with a market capitalization of $4.44 billion and a price-to-earnings ratio of 22.24.
• Resonac operates globally in the chemical sector, offering products for semiconductor and electronic materials, automotive components, and other specialized applications.

Resonac (OTCMKTS:SHWDY - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.42 EPS for the quarter, Zacks reports. Resonac had a return on equity of 8.25% and a net margin of 2.53%.

Resonac Stock Performance

OTCMKTS:SHWDY remained flat at $24.02 on Friday. The company's stock had a trading volume of 1 shares, compared to its average volume of 85. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.99 and a current ratio of 1.35. Resonac has a 52 week low of $15.38 and a 52 week high of $27.68. The firm's 50-day simple moving average is $23.06 and its 200-day simple moving average is $21.78. The firm has a market capitalization of $4.44 billion, a P/E ratio of 20.53 and a beta of 0.27.

About Resonac

Resonac Holdings Corporation operates as a chemical company in Japan, China, rest of Asia, and internationally. It operates through Semiconductor and Electronic Materials, Mobility, Innovation Enabling Materials, and Chemicals segments. The company offers gases and solvents, abatement systems and surface treatments, CMP slurries, and anti-charging materials; semiconductor-related materials, display and sensor-related materials, and films; base and photosensitive materials for PWBs; hard disks, SiCs, and optical semiconductors for use as electronic device components; and molded plastics/sheet-formed, powder metal, and aluminum products for automotives.