Separately, Zacks Investment Research upgraded TOKUYAMA CORP/ADR from a hold rating to a buy rating and set a $13.00 price target on the stock in a research note on Wednesday, October 9th.
Shares of TKYMY stock traded up $1.24 during trading hours on Thursday, reaching $12.82. 300 shares of the company’s stock were exchanged, compared to its average volume of 50. TOKUYAMA CORP/ADR has a 1 year low of $10.15 and a 1 year high of $13.24. The stock has a market cap of $1.78 billion, a PE ratio of 6.64 and a beta of 0.21. The stock’s fifty day moving average price is $11.04 and its two-hundred day moving average price is $12.00.
Tokuyama Corporation produces and sells various chemical products in Japan. The company operates in four segments: Chemicals, Specialty Products, Cement, and Life & Amenity. The Chemicals segment offers soda ash, calcium chloride, sodium silicate, caustic soda, vinyl chloride monomer, propylene oxide, chlorinated solvents, isopropyl alcohol, and polyvinyl chloride.
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