Kuraray (OTCMKTS:KURRY) Shares Gap Down – Here’s What Happened
by Mitch Edgeman · The Markets DailyKuraray Co. (OTCMKTS:KURRY – Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $32.66, but opened at $30.45. Kuraray shares last traded at $30.45, with a volume of 253 shares changing hands.
Kuraray Price Performance
The company has a current ratio of 2.53, a quick ratio of 1.36 and a debt-to-equity ratio of 0.26. The company has a 50 day simple moving average of $33.12 and a 200-day simple moving average of $31.87. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 60.90 and a beta of -0.04.
Kuraray (OTCMKTS:KURRY – Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported $0.81 earnings per share (EPS) for the quarter. The business had revenue of $1.40 billion for the quarter. Kuraray had a return on equity of 5.11% and a net margin of 0.97%.
About Kuraray
Kuraray Co, Ltd. is a Japan-based specialty chemicals and materials company that develops, manufactures and markets a broad range of synthetic resins, fibers and functional polymers. Established in 1926, the company has built a diversified portfolio that includes polyvinyl alcohol (PVOH) resins, ethylene-vinyl alcohol copolymers (EVOH), cellulose-based derivatives, synthetic rubber and water-soluble polymers. These materials serve as key inputs for industries ranging from packaging and paper to automotive and electronics.
The company’s flagship products include the Mowital® series of PVOH resins, known for their film-forming and adhesive properties; EVAL™ EVOH resins, which offer high gas-barrier performance for food and medical packaging; and Clarino®, a high-performance synthetic leather used in apparel, footwear and upholstery.