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Resonac (OTCMKTS:SHWDY) Trading Down 2.2% - Here's Why

Resonac logo with Basic Materials background

Key Points

  • Resonac Holdings Corporation shares have decreased by 2.2%, trading at $24.02 during mid-day trading on Thursday, with increased trading volume of 400 shares.
  • The company reported a net revenue of $2.11 billion and earnings per share (EPS) of $0.32 in its latest quarterly earnings announcement.
  • Resonac's financial metrics indicate a market cap of $4.44 billion and a price-to-earnings ratio of 22.24, reflecting its standing in the chemical industry.
  • Interested in Resonac? Here are five stocks we like better.

Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY - Get Free Report) traded down 2.2% during mid-day trading on Thursday . The company traded as low as $24.02 and last traded at $24.02. 400 shares changed hands during mid-day trading, an increase of 365% from the average session volume of 86 shares. The stock had previously closed at $24.57.

Resonac Price Performance

The company has a debt-to-equity ratio of 1.08, a current ratio of 1.35 and a quick ratio of 0.99. The stock's fifty day simple moving average is $22.76 and its 200-day simple moving average is $21.89. The stock has a market cap of $4.44 billion, a P/E ratio of 22.24 and a beta of 0.27.

Resonac (OTCMKTS:SHWDY - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported $0.32 earnings per share (EPS) 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

(Get Free Report)

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.

Further Reading

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