Tosoh (OTCMKTS:TOSCF) Sees Large Volume Increase – What’s Next?

Tosoh (OTCMKTS:TOSCF) saw strong trading volume on Thursday. 320 shares changed hands during mid-day trading, an increase of 6,300% from the average daily volume of 5 shares. The stock last traded at $15.85 and had previously closed at $16.00.

Tosoh Stock Performance

The company’s 50 day moving average price is $15.98 and its 200-day moving average price is $16.28. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.48 and a current ratio of 2.13. The company has a market cap of $5.05 billion, a PE ratio of 12.58 and a beta of 0.25.

Tosoh (OTCMKTS:TOSCF) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.14 EPS for the quarter. The firm had revenue of $1.92 billion for the quarter. Tosoh had a return on equity of 6.66% and a net margin of 5.55%.

Tosoh Company Profile

Tosoh Corporation is a Japanese chemical company founded in 1935 as Toyo Soda Manufacturing. The company adopted the Tosoh name in 1987 and is headquartered in Tokyo. Tosoh produces basic chemicals, including caustic soda, chlorine and vinyl chloride monomer, as well as petrochemical products. Its specialty products include materials used in areas such as life sciences, healthcare, electronics and environmental applications. The company also supplies diagnostic instruments and reagents, including products for clinical testing, and provides engineering and plant-related services.