Tokuyama (OTCMKTS:TKYMY) Trading Down 2.9% – Here’s What Happened

Shares of Tokuyama Co. (OTCMKTS:TKYMYGet Free Report) dropped 2.9% on Tuesday . The stock traded as low as $8.06 and last traded at $8.06. Approximately 130 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 1,185 shares. The stock had previously closed at $8.30.

Tokuyama Stock Down 2.9 %

The company has a quick ratio of 1.40, a current ratio of 2.10 and a debt-to-equity ratio of 0.32. The stock has a market cap of $1.16 billion, a P/E ratio of 7.53 and a beta of 0.52. The company has a 50-day simple moving average of $9.44 and a two-hundred day simple moving average of $9.38.

Tokuyama (OTCMKTS:TKYMYGet Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.20 EPS for the quarter. The company had revenue of $557.94 million during the quarter. Tokuyama had a net margin of 6.76% and a return on equity of 7.97%.

About Tokuyama

(Get Free Report)

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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