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Kuraray (OTCMKTS:KURRY) Stock Price Crosses Below 50-Day Moving Average - Here's What Happened

Kuraray logo with Basic Materials background

Kuraray Co., Ltd. (OTCMKTS:KURRY - Get Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $43.71 and traded as low as $36.40. Kuraray shares last traded at $36.40, with a volume of 353 shares changing hands.

Kuraray Price Performance

The company has a current ratio of 2.65, a quick ratio of 1.43 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 19.32 and a beta of 0.14. The firm's 50 day simple moving average is $43.35 and its 200-day simple moving average is $41.42.

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

Kuraray Company Profile

(Get Free Report)

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.

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