Tosoh (OTCMKTS:TOSCF) Reaches New 12-Month High - Still a Buy?

Key Points

• Tosoh shares hit a new 52-week high of $15.49 during trading, surpassing its previous close of $15.11.
• The company reported a net margin of 4.54% and $1.70 billion in revenue for the most recent quarter.
• Tosoh has a market capitalization of $4.93 billion and a low debt-to-equity ratio of 0.05, indicating strong financial health.

Tosoh (OTCMKTS:TOSCF - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $15.49 and last traded at $15.49, with a volume of 500 shares traded. The stock had previously closed at $15.11.

Tosoh Stock Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.52 and a current ratio of 2.26. The firm's fifty day simple moving average is $14.46 and its 200-day simple moving average is $13.87. The stock has a market cap of $4.93 billion, a P/E ratio of 15.34 and a beta of 0.15.

Tosoh (OTCMKTS:TOSCF - Get Free Report) last released its quarterly earnings results on Friday, August 8th. The company reported $0.14 earnings per share (EPS) for the quarter. Tosoh had a net margin of 4.54% and a return on equity of 5.33%. The firm had revenue of $1.70 billion during the quarter.

Tosoh Company Profile

Tosoh Corporation manufactures and sells basic chemicals, petrochemicals, specialty products, and fine chemicals worldwide. It operates through four segments: Petrochemical, Chlor-Alkali, Specialty, and Engineering. The company provides advance materials, including battery, fabricated quartzware, silica glass, thin film depositions, zeolites for catalysts and molecular sieves, zirconia injection mold components and compounds, zirconia grinding and dispersion media, and zirconia fine beads and powders.