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Resonac (OTCMKTS:SHWDY) Stock Price Down 10.4% - Should You Sell?

Resonac logo with Basic Materials background
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Shares of Resonac Holdings Co. (OTCMKTS:SHWDY - Get Free Report) were down 10.4% during trading on Thursday . The company traded as low as $23.65 and last traded at $23.65. Approximately 100 shares were traded during trading, an increase of 497% from the average daily volume of 17 shares. The stock had previously closed at $26.40.

Resonac Stock Up 3.5 %

The business has a 50-day moving average price of $23.42 and a 200-day moving average price of $24.21. The company has a quick ratio of 1.18, a current ratio of 1.65 and a debt-to-equity ratio of 1.37. The firm has a market capitalization of $4.53 billion, a PE ratio of 13.99 and a beta of 0.34.

Resonac (OTCMKTS:SHWDY - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.75 earnings per share for the quarter. Resonac had a net margin of 3.88% and a return on equity of 8.48%. The business had revenue of $1.58 billion during the quarter.

Resonac Company Profile

(Get Free Report)

Resonac Holdings Corporation operates as a chemical company in Japan, China, rest of Asia, and internationally. It operates through Semiconductor and Electronic Materials, Mobility, Innovation Enabling Materials, and Chemicals segments. The company offers gases and solvents, abatement systems and surface treatments, CMP slurries, and anti-charging materials; semiconductor-related materials, display and sensor-related materials, and films; base and photosensitive materials for PWBs; hard disks, SiCs, and optical semiconductors for use as electronic device components; and molded plastics/sheet-formed, powder metal, and aluminum products for automotives.

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