Toyo Suisan Kaisha, Ltd. (OTCMKTS:TSUKY – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 129 shares, a drop of 36.1% from the September 30th total of 202 shares. Based on an average daily trading volume, of 7,285 shares, the days-to-cover ratio is presently 0.0 days.
Toyo Suisan Kaisha Stock Performance
Toyo Suisan Kaisha stock opened at $70.76 on Tuesday. The stock’s 50 day moving average price is $64.83 and its 200 day moving average price is $67.69. Toyo Suisan Kaisha has a 1-year low of $58.02 and a 1-year high of $86.90.
Toyo Suisan Kaisha Company Profile
Toyo Suisan Kaisha, Ltd. is a Japanese food company best known for its Maruchan brand of packaged foods. The company produces and sells instant ramen, cup noodles, yakisoba, refrigerated noodles, frozen foods, soups and other processed food products for consumers and food-service customers.
Founded in 1953, Toyo Suisan initially operated as a seafood wholesaler before expanding into processed foods and entering the instant-noodle business in the 1960s. In addition to food manufacturing, the company has activities related to seafood processing, cold storage, logistics and real estate.
Toyo Suisan serves the Japanese market and has international operations, particularly in North America.
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