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Tokuyama (OTCMKTS:TKYMY) Trading Down 13.2% - Here's What Happened

Tokuyama logo with Basic Materials background

Shares of Tokuyama Co. (OTCMKTS:TKYMY - Get Free Report) were down 13.2% during trading on Thursday . The stock traded as low as $8.74 and last traded at $8.74. Approximately 512 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 1,288 shares. The stock had previously closed at $10.06.

Tokuyama Stock Performance

The firm has a 50 day moving average price of $10.03 and a 200-day moving average price of $9.52. The company has a quick ratio of 1.40, a current ratio of 2.10 and a debt-to-equity ratio of 0.32.

Tokuyama (OTCMKTS:TKYMY - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.20 earnings per share (EPS) for the quarter. Tokuyama had a return on equity of 7.97% and a net margin of 6.76%. The business had revenue of $557.94 million during the quarter.

Tokuyama Company Profile

(Get Free Report)

Tokuyama Corporation produces and sells various chemical products in Japan. The company operates through six segments: Chemicals, Cement, Electronics and Advanced Materials, Life Science, Eco Business, and Others. The Chemicals segment offers caustic soda, soda ash, calcium chloride, sodium silicate cullet, sodium bicarbonate, purified, vinyl chloride monomer, polyvinyl chloride resin, propylene oxide, methylene chloride, and chloroform.

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