Tokuyama (OTCMKTS:TKYMY) Shares Up 2.8% - Still a Buy?

Key Points

• Tokuyama Corporation's stock price rose by 2.8% to $11.10, with trading volume significantly increasing by 235% compared to its average daily volume.
• The company's market capitalization is $1.60 billion, and it has a price-to-earnings ratio of 11.44, indicating a potential interest for investors.
• Tokuyama operates in several segments, including Chemicals, Cement, Electronics, and Advanced Materials, producing a wide range of chemical products in Japan.

Tokuyama Corporation (OTCMKTS:TKYMY - )'s stock price rose 2.8% on Friday . The stock traded as high as $11.10 and last traded at $11.10. Approximately 140 shares traded hands during trading, an increase of 235% from the average daily volume of 42 shares. The stock had previously closed at $10.80.

Tokuyama Price Performance

The stock's 50 day simple moving average is $8.82 and its 200-day simple moving average is $8.49. The firm has a market cap of $1.60 billion, a price-to-earnings 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.