Resonac (OTCMKTS:SHWDY) Trading Up 1.9% - Here's Why

Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY - Get Free Report) shares shot up 1.9% on Thursday . The stock traded as high as $23.94 and last traded at $23.94. 380 shares were traded during trading, a decline of 64% from the average session volume of 1,064 shares. The stock had previously closed at $23.50.

Resonac Stock Performance

The firm's 50 day moving average is $21.25 and its two-hundred day moving average is $22.04. The stock has a market capitalization of $4.43 billion, a PE ratio of 22.17 and a beta of 0.27. 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 (OTCMKTS:SHWDY - Get Free Report) last announced its earnings results on Thursday, May 15th. The company reported $0.32 earnings per share for the quarter. Resonac had a net margin of 2.40% and a return on equity of 8.34%. The firm had revenue of $2.11 billion for the quarter.

Resonac Company Profile

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.