Tokuyama (OTCMKTS:TKYMY) Shares Gap Up – Time to Buy?

Shares of Tokuyama Corporation (OTCMKTS:TKYMY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $11.88, but opened at $14.00. Tokuyama shares last traded at $14.00, with a volume of 1,001 shares changing hands.

Tokuyama Price Performance

The firm has a market cap of $2.01 billion, a PE ratio of 13.73 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 has a 50 day moving average price of $14.00 and a 200 day moving average price of $13.45.

Tokuyama (OTCMKTS:TKYMY – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.20 earnings per share 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%.

About Tokuyama

(Get Free Report)

Tokuyama Corporation is a Japan-based chemical manufacturer with operations spanning basic chemicals, specialty materials, cement and life-science products. The company produces caustic soda and chlorine derivatives, as well as soda ash, calcium chloride and other industrial chemicals used in manufacturing, construction and infrastructure applications.

Tokuyama also supplies specialty materials for electronics and advanced manufacturing, including polycrystalline silicon, fumed silica, alumina and other high-purity products.

Further Reading

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