Tokuyama (OTCMKTS:TKYMY) Shares Up 14.1% – Should You Buy?

Tokuyama Corporation (OTCMKTS:TKYMY – Get Free Report)’s stock price rose 14.1% during mid-day trading on Tuesday. The stock traded as high as $12.86 and last traded at $12.86. 1,540 shares were traded during trading, a decline of 96% from the average daily volume of 35,125 shares. The stock had previously closed at $11.27.

Tokuyama Price Performance

The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 12.57 and a beta of 0.24. The company has a current ratio of 1.74, a quick ratio of 1.09 and a debt-to-equity ratio of 0.41. The company’s 50 day moving average is $13.46 and its 200 day moving average is $13.22.

Tokuyama Company Profile

(Get Free Report)

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.

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