Shares of Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $75.43, but opened at $95.31. Resonac shares last traded at $96.00, with a volume of 512 shares changing hands.
Resonac Price Performance
The company has a debt-to-equity ratio of 1.04, a current ratio of 1.81 and a quick ratio of 1.35. The stock has a fifty day simple moving average of $104.45 and a 200-day simple moving average of $84.34. The company has a market capitalization of $18.34 billion, a price-to-earnings ratio of 78.30 and a beta of 0.60.
Resonac Company Profile
Resonac Corporation (OTCMKTS: SHWDY), formerly known as Showa Denko K.K., is a diversified chemical manufacturer based in Tokyo, Japan. The company produces a broad range of industrial chemicals and performance materials that serve sectors including automotive, electronics, energy storage and environmental applications. Its product portfolio encompasses basic petrochemicals, polyolefins, functional chemicals, ceramic powders, aluminum specialty products and graphite electrodes for steel production.
Resonac maintains a strong presence in the electronics materials market through its supply of semiconductor?grade silicon, silicon wafers, rare?earth magnetic alloys and high?purity gases and chemicals used in semiconductor fabrication.
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