TOR Minerals International Inc (TORM) Cut to “Hold” at ValuEngine
TOR Minerals International Inc (NASDAQ:TORM) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Monday.
TOR Minerals International (NASDAQ TORM) traded down 6.96% during trading on Monday, hitting $7.35. The stock had a trading volume of 21,639 shares. The company has a market cap of $26.03 million, a P/E ratio of 79.89 and a beta of 0.93. The company has a 50 day moving average of $7.91 and a 200-day moving average of $7.48. TOR Minerals International has a 12-month low of $4.67 and a 12-month high of $8.40.
TOR Minerals International (NASDAQ:TORM) last issued its quarterly earnings data on Thursday, August 3rd. The specialty chemicals company reported $0.10 earnings per share (EPS) for the quarter. TOR Minerals International had a return on equity of 1.15% and a net margin of 0.82%. The company had revenue of $10.73 million during the quarter.
TOR Minerals International Company Profile
TOR Minerals International, Inc is a manufacturer and seller of mineral products for use as pigments and extenders, primarily in the manufacture of paints, industrial coatings plastics, and solid surface applications. The Company’s specialty mineral products, which include flame retardant and smoke suppressant fillers, engineered fillers, and titanium dioxide (TiO2)-color hybrid pigments, are designed for use in plastics, coatings, paints and catalysts applications, as well as a range of other industrial applications.
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