Tokuyama (OTCMKTS:TKYMY) Hits New 12-Month Low – Here’s Why

Tokuyama Corporation (OTCMKTS:TKYMY) shares hit a new 52-week low during trading on Thursday. The company traded as low as $12.45 and last traded at $13.75, with a volume of 3,176 shares trading hands. The stock had previously closed at $14.00.

Tokuyama Stock Performance

The company has a quick ratio of 1.09, a current ratio of 1.74 and a debt-to-equity ratio of 0.41. The firm has a market cap of $1.62 billion, a P/E ratio of 11.05 and a beta of 0.24. The firm has a fifty day moving average of $13.49 and a 200-day moving average of $13.22.

Tokuyama (OTCMKTS:TKYMY) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.20 EPS for the quarter. The business had revenue of $537.48 million for the quarter. Tokuyama had a net margin of 6.41% and a return on equity of 7.91%.

Tokuyama Company Profile

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.