Tokuyama (OTCMKTS:TKYMY) Reaches New 1-Year High – Here’s Why

Shares of Tokuyama Corporation (OTCMKTS:TKYMY – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $14.00 and last traded at $14.00, with a volume of 1001 shares changing hands. The stock had previously closed at $11.88.

Tokuyama Trading Down 10.7%

The company has a 50 day simple moving average of $13.97 and a 200 day simple moving average of $13.45. The company has a current ratio of 1.74, a quick ratio of 1.09 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $1.80 billion, a PE ratio of 12.26 and a beta of 0.24.

Tokuyama (OTCMKTS:TKYMY – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.20 earnings per share for the quarter. The company had revenue of $537.48 million for the quarter. Tokuyama had a return on equity of 7.91% and a net margin of 6.41%.

About Tokuyama

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Tokuyama Corporation is a Japan-based chemical manufacturer with operations spanning basic chemicals, specialty materials, cement and life-science products. The company produces caustic soda and chlorine derivatives, as well as soda ash, calcium chloride and other industrial chemicals used in manufacturing, construction and infrastructure applications.

Tokuyama also supplies specialty materials for electronics and advanced manufacturing, including polycrystalline silicon, fumed silica, alumina and other high-purity products.

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