Tosoh (OTCMKTS:TOSCF) Shares Up 2.5% - What's Next?

Key Points

• Tosoh's shares rose by 2.5% during mid-day trading, with the stock reaching a high of $15.49, significantly increasing trading volume to 500 shares compared to an average of just 2 shares.
• The company reported $0.14 earnings per share during its last quarterly results, generating revenue of $1.70 billion with a net margin of 4.54%.
• Tosoh has a market capitalization of $4.93 billion and maintains a low debt-to-equity ratio of 0.05, indicating strong financial health.

Tosoh (OTCMKTS:TOSCF - Get Free Report) was up 2.5% during mid-day trading on Thursday . The company traded as high as $15.49 and last traded at $15.49. Approximately 500 shares traded hands during trading, an increase of 20,733% from the average daily volume of 2 shares. The stock had previously closed at $15.11.

Tosoh Stock Performance

The business's 50 day moving average price is $14.46 and its 200-day moving average price is $13.87. The company has a current ratio of 2.26, a quick ratio of 1.52 and a debt-to-equity ratio of 0.05. The company has a market cap of $4.93 billion, a price-to-earnings ratio of 15.34 and a beta of 0.15.

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

About Tosoh

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.