Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 42 shares, a decline of 45.5% from the September 30th total of 77 shares. Based on an average trading volume of 110 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are sold short.
Resonac Stock Down 4.2%
SHWDY stock opened at $83.34 on Friday. Resonac has a 1-year low of $35.15 and a 1-year high of $126.17. The business’s 50 day simple moving average is $99.31 and its 200 day simple moving average is $88.97. The company has a current ratio of 1.54, a quick ratio of 1.14 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $15.93 billion, a PE ratio of 47.28 and a beta of 0.76.
Resonac (OTCMKTS:SHWDY – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.03 earnings per share (EPS) for the quarter. Resonac had a return on equity of 7.54% and a net margin of 4.05%. The business had revenue of $2.32 billion during the quarter.
Resonac Company Profile
Resonac Holdings Corporation is a Japan-based chemical and materials company formerly known as Showa Denko. The company was rebranded as Resonac in 2023 following the integration of Showa Denko and Showa Denko Materials, which was previously known as Hitachi Chemical.
Resonac develops and manufactures advanced materials and chemical products used in semiconductor and electronic applications, mobility, energy, and industrial markets. Its offerings include semiconductor packaging materials, silicon carbide and other semiconductor-related materials, graphite electrodes, battery materials, specialty chemicals, petrochemical products, and high-performance resins and films.
The company serves customers in Japan and international markets through a global manufacturing, research, and sales network.
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