Kuraray (OTCMKTS:KURRY) Share Price Crosses Below 50-Day Moving Average - Here's Why

Kuraray Co., Ltd. (OTCMKTS:KURRY - Get Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $40.20 and traded as low as $39.80. Kuraray shares last traded at $39.80, with a volume of 275 shares traded.

Kuraray Stock Performance

The firm's 50-day moving average price is $39.76 and its two-hundred day moving average price is $41.39. The company has a quick ratio of 1.43, a current ratio of 2.65 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $4.07 billion, a PE ratio of 19.48 and a beta of 0.11.

Kuraray (OTCMKTS:KURRY - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $0.48 earnings per share (EPS) for the quarter. Kuraray had a return on equity of 7.73% and a net margin of 3.90%.

Kuraray Company Profile

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.