Tosoh (OTCMKTS:TOSCF) Issues Earnings Results

Tosoh (OTCMKTS:TOSCF) issued its quarterly earnings data on Wednesday. The company reported $0.34 EPS for the quarter, Zacks reports. The firm had revenue of $1.68 billion during the quarter. Tosoh had a return on equity of 5.95% and a net margin of 3.29%.

Tosoh Stock Up 0.9%

Shares of OTCMKTS:TOSCF traded up $0.15 during mid-day trading on Thursday, hitting $17.25. 250 shares of the company traded hands, compared to its average volume of 775. The stock has a 50-day moving average price of $17.01 and a two-hundred day moving average price of $16.39. Tosoh has a 12-month low of $16.00 and a 12-month high of $17.25. The stock has a market cap of $5.49 billion, a P/E ratio of 23.96 and a beta of 0.21. The company has a current ratio of 2.23, a quick ratio of 1.92 and a debt-to-equity ratio of 0.08.

Tosoh Company Profile

Tosoh Corporation, founded in 1935 and headquartered in Tokyo, Japan, is a diversified chemical company known for its production of basic and specialty chemicals. Originally established as Toyo Soda Manufacturing Co, Ltd., the company adopted the Tosoh name in 1987 to reflect its growing range of operations. Over the decades, Tosoh has expanded its footprint through a combination of research-driven product development and strategic international partnerships.

The company’s portfolio is organized around core business segments that include chlor-alkali and derivatives, specialty plastics and polymer materials, advanced ceramics, electronic materials, and life science products.