Tokuyama (OTCMKTS:TKYMY) Stock Price Down 13.2% – Here’s Why

Tokuyama Co. (OTCMKTS:TKYMYGet Free Report) dropped 13.2% during mid-day trading on Thursday . The company traded as low as $8.74 and last traded at $8.74. Approximately 512 shares changed hands during trading, a decline of 60% from the average daily volume of 1,288 shares. The stock had previously closed at $10.06.

Tokuyama Stock Down 1.0 %

The company has a debt-to-equity ratio of 0.32, a current ratio of 2.10 and a quick ratio of 1.40. The firm’s 50-day moving average is $10.03 and its 200-day moving average is $9.52.

Tokuyama (OTCMKTS:TKYMYGet Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.20 EPS for the quarter. The firm had revenue of $557.94 million for the quarter. Tokuyama had a net margin of 6.76% and a return on equity of 7.97%.

About Tokuyama

(Get Free Report)

Tokuyama Corporation produces and sells various chemical products in Japan. The company operates through six segments: Chemicals, Cement, Electronics and Advanced Materials, Life Science, Eco Business, and Others. The Chemicals segment offers caustic soda, soda ash, calcium chloride, sodium silicate cullet, sodium bicarbonate, purified, vinyl chloride monomer, polyvinyl chloride resin, propylene oxide, methylene chloride, and chloroform.

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