TOR Minerals International Inc (OTCMKTS:TORM – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 828 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 29,698 shares, the short-interest ratio is currently 0.0 days.
TOR Minerals International Price Performance
Shares of TORM traded up $0.08 during trading hours on Tuesday, hitting $2.10. 1,495 shares of the stock were exchanged, compared to its average volume of 4,825. The stock’s 50-day moving average price is $2.32 and its two-hundred day moving average price is $1.97. TOR Minerals International has a 12-month low of $0.77 and a 12-month high of $2.70. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.40 and a current ratio of 4.94. The company has a market cap of $7.44 million, a price-to-earnings ratio of -210.20 and a beta of 0.21.
TOR Minerals International (OTCMKTS:TORM – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The specialty chemicals company reported $0.03 earnings per share for the quarter. TOR Minerals International had a negative return on equity of 5.24% and a negative net margin of 2.53%.The company had revenue of $6.49 million for the quarter.
About TOR Minerals International
TOR Minerals International, Inc is a specialty minerals company that develops, manufactures and markets mineral-based products for industrial applications. Its offerings have included functional fillers, extenders and specialty pigments designed to improve characteristics such as opacity, whiteness, durability and performance in finished products.
The company has been associated with products used in coatings, paints, plastics, construction materials, adhesives and sealants. Its product portfolio has included HITOX, a titanium dioxide-related pigment and extender product, along with other mineral products based on materials such as aluminum oxide and calcium carbonate.
Founded in 1973 and headquartered in Corpus Christi, Texas, TOR Minerals has marketed its products to customers in the United States and international markets.
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