Tokuyama (OTCMKTS:TKYMY) Shares Down 15.8% – What’s Next?

Tokuyama Corporation (OTCMKTS:TKYMY) shares were down 15.8% during trading on Friday. The stock traded as low as $11.27 and last traded at $11.27. 10,729 shares were traded during mid-day trading, a decline of 56% from the average session volume of 24,214 shares. The stock had previously closed at $13.3850.

Tokuyama Stock Performance

The stock has a 50-day moving average of $13.49 and a 200 day moving average of $13.22. The firm has a market capitalization of $1.62 billion, a P/E ratio of 11.05 and a beta of 0.24. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.09 and a current ratio of 1.74.

Tokuyama (OTCMKTS:TKYMY) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $537.48 million during the quarter. Tokuyama had a return on equity of 7.91% and a net margin of 6.41%.

Tokuyama Company Profile

Tokuyama Corporation is a Japanese chemical company that develops and manufactures a broad range of industrial and specialty materials. Its businesses include basic chemicals such as caustic soda and chlorine derivatives, as well as cement and related construction materials.

The company also supplies products for advanced technology and healthcare applications. These include polycrystalline silicon used in semiconductor manufacturing, fumed silica and other high-performance materials, dental materials, and products for the electronics and information technology industries.

Tokuyama was established in Japan in 1918 as Nihon Soda Kogyo Co, Ltd.