Tokuyama (OTCMKTS:TKYMY) Reaches New 12-Month High - Here's Why

Key Points

• Tokuyama Corporation's stock reached a new 52-week high of $11.10, a notable increase from its previous close of $10.80.
• The company has a market capitalization of $1.60 billion and a PE ratio of 11.44, indicating strong financial performance in the chemicals sector.
• Tokuyama operates across six segments, including Chemicals, Electronics, and Life Science, offering a range of products such as caustic soda and polyvinyl chloride resin.

Tokuyama Corporation (OTCMKTS:TKYMY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $11.10 and last traded at $11.10, with a volume of 140 shares. The stock had previously closed at $10.80.

Tokuyama Stock Up 2.8%

The company's fifty day moving average is $8.82 and its 200-day moving average is $8.49. The company has a market capitalization of $1.60 billion, a PE ratio of 11.44 and a beta of 0.14. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.81 and a current ratio of 2.57.

Tokuyama Company Profile

Tokuyama Corporation produces and sells various chemical products in Japan. The company operates through six segments: Chemicals, Cement, Electronics and Advanced Materials, Life Science, Eco Business, and Others. The Chemicals segment offers caustic soda, soda ash, calcium chloride, sodium silicate cullet, sodium bicarbonate, purified, vinyl chloride monomer, polyvinyl chloride resin, propylene oxide, methylene chloride, and chloroform.