TOR Minerals International (OTCMKTS:TORM) Posts Earnings Results

TOR Minerals International (OTCMKTS:TORM) issued its earnings results on Friday. The specialty chemicals company reported ($0.09) earnings per share for the quarter, Zacks reports. TOR Minerals International had a negative net margin of 2.53% and a negative return on equity of 5.24%.

TOR Minerals International Stock Performance

Shares of TORM stock remained flat at $2.30 during trading on Friday. 2,650 shares of the company traded hands, compared to its average volume of 3,967. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.94 and a quick ratio of 2.40. The company has a market capitalization of $8.14 million, a price-to-earnings ratio of -230.00 and a beta of 0.22. The business’s fifty day moving average is $2.27 and its 200-day moving average is $1.85. TOR Minerals International has a twelve month low of $0.77 and a twelve month high of $2.70.

TOR Minerals International Company Profile

TOR Minerals International, Inc is a specialty minerals company that develops, manufactures and markets performance-enhancing mineral products for industrial applications. Its product portfolio has included titanium dioxide-based pigments, specialty alumina products and other engineered mineral additives used in coatings, plastics, rubber, adhesives and related formulations.

The company has been associated with HITOX, a high-performance titanium dioxide pigment, as well as products designed to improve whiteness, opacity, durability and other physical characteristics in finished goods.