Tokuyama (OTCMKTS:TKYMY) Shares Up 10.1% - Here's What Happened

Key Points

• Tokuyama Corporation shares rose by 10.1% during mid-day trading on Monday, reaching a price of $12.23.
• The company has a healthy financial profile with a debt-to-equity ratio of 0.36 and a current ratio of 2.72.
• Tokuyama operates in multiple segments, including chemicals, electronics, and life sciences, producing a wide range of chemical products such as caustic soda and vinyl chloride monomer.

Tokuyama Corporation (OTCMKTS:TKYMY - ) rose 10.1% during mid-day trading on Monday . The stock traded as high as $12.23 and last traded at $12.23. Approximately 140 shares traded hands during mid-day trading, The stock had previously closed at $11.10.

Tokuyama Stock Performance

The company has a debt-to-equity ratio of 0.36, a current ratio of 2.72 and a quick ratio of 1.93. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 12.60 and a beta of 0.12. The company's fifty day simple moving average is $10.90 and its two-hundred day simple moving average is $9.38.

About Tokuyama

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.

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