Tokuyama (OTCMKTS:TKYMY) Shares Gap Up – Should You Buy?

Tokuyama Corporation (OTCMKTS:TKYMY – Get Free Report) shares gapped up before the market opened on Tuesday. The stock had previously closed at $11.88, but opened at $14.00. Tokuyama shares last traded at $14.00, with a volume of 1,001 shares.

Tokuyama Stock Performance

The company has a current ratio of 1.74, a quick ratio of 1.09 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of 13.73 and a beta of 0.16. The stock has a fifty day moving average price of $14.00 and a 200-day moving average price of $13.42.

Tokuyama (OTCMKTS:TKYMY – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.20 EPS for the quarter. Tokuyama had a return on equity of 7.91% and a net margin of 6.41%.The business had revenue of $537.48 million for the quarter.

Tokuyama Company Profile

(Get Free Report)

Tokuyama Corporation is a Japan-based chemical manufacturer with operations spanning basic chemicals, specialty materials, cement and life-science products. The company produces caustic soda and chlorine derivatives, as well as soda ash, calcium chloride and other industrial chemicals used in manufacturing, construction and infrastructure applications.

Tokuyama also supplies specialty materials for electronics and advanced manufacturing, including polycrystalline silicon, fumed silica, alumina and other high-purity products.

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