Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY – Get Free Report) shares saw strong trading volume on Friday. Approximately 721 shares changed hands during trading, an increase of 46% from the average daily volume of 493 shares. The stock last traded at $85.2350 and had previously closed at $65.8820.
Resonac Stock Down 4.6%
The stock has a market capitalization of $16.35 billion, a price-to-earnings ratio of 46.42 and a beta of 0.83. The company has a current ratio of 1.54, a quick ratio of 1.14 and a debt-to-equity ratio of 0.83. The firm’s 50 day simple moving average is $94.51 and its 200-day simple moving average is $90.14.
Resonac Company Profile
Resonac is a Japanese materials and chemicals group serving industries that include semiconductors, electronics, mobility and industrial manufacturing. Its offerings include semiconductor packaging and process materials, electronic materials, specialty chemicals, carbon products and materials used in vehicle components. The company was established in 2023 through the integration of Showa Denko and Showa Denko Materials, which was formerly Hitachi Chemical. The combined business brought together chemical and materials operations with a focus on supplying products for advanced technologies and industrial applications.
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