Kuraray (OTCMKTS:KURRY) Reaches New 1-Year Low – Here’s What Happened

Kuraray Co. (OTCMKTS:KURRY) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $28.6625 and last traded at $28.6625, with a volume of 243 shares changing hands. The stock had previously closed at $30.5750.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut shares of Kuraray to a “sell” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Kuraray has an average rating of “Sell”.

Kuraray Price Performance

The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 29.25 and a beta of 0.02. The company has a quick ratio of 1.33, a current ratio of 2.44 and a debt-to-equity ratio of 0.22. The stock has a fifty day moving average of $33.88 and a 200-day moving average of $35.32.

Kuraray (OTCMKTS:KURRY) last announced its quarterly earnings results on Wednesday, November 12th. The company reported $0.77 EPS for the quarter. Kuraray had a net margin of 1.90% and a return on equity of 5.38%. The firm had revenue of $1.31 billion for the quarter.

Kuraray Company Profile

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.