Tosoh (OTCMKTS:TOSCF) Sees Large Volume Increase - Time to Buy?

Key Points

• Trading surge: Shares saw a dramatic volume increase to 1,000 shares from zero the prior session (an infinite percentage rise), and the stock rose about 6.3% to $17.00 from $16.00.
• Solid fundamentals and business mix: Tosoh is a Tokyo-based diversified chemical company with a $5.41 billion market cap, low debt-to-equity (0.08), healthy liquidity (current ratio 2.23), a P/E of 23.6 and low beta (0.25), operating across chlor-alkali, specialty plastics, advanced ceramics, electronic materials and life sciences.

Shares of Tosoh (OTCMKTS:TOSCF - Get Free Report) saw an uptick in trading volume on Friday . 1,000 shares traded hands during trading, an increase of ∞ from the previous session's volume of 0 shares.The stock last traded at $17.00 and had previously closed at $16.00.

Tosoh Stock Up 6.3%

The company has a debt-to-equity ratio of 0.08, a current ratio of 2.23 and a quick ratio of 1.92. The company's 50-day simple moving average is $17.00 and its 200 day simple moving average is $16.36. The firm has a market cap of $5.41 billion, a P/E ratio of 23.61 and a beta of 0.25.

Tosoh Company Profile

Tosoh Corporation, founded in 1935 and headquartered in Tokyo, Japan, is a diversified chemical company known for its production of basic and specialty chemicals. Originally established as Toyo Soda Manufacturing Co, Ltd., the company adopted the Tosoh name in 1987 to reflect its growing range of operations. Over the decades, Tosoh has expanded its footprint through a combination of research-driven product development and strategic international partnerships.

The company's portfolio is organized around core business segments that include chlor-alkali and derivatives, specialty plastics and polymer materials, advanced ceramics, electronic materials, and life science products.

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