Kuraray (OTCMKTS:KURRY) Stock Passes Above 50 Day Moving Average – Here’s Why

Kuraray Co., Ltd. (OTCMKTS:KURRYGet Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $41.36 and traded as high as $41.43. Kuraray shares last traded at $41.43, with a volume of 1,302 shares trading hands.

Kuraray Trading Down 0.6 %

The company has a 50-day simple moving average of $41.53 and a 200-day simple moving average of $37.19. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.60 and a current ratio of 2.84. The stock has a market cap of $4.62 billion, a P/E ratio of 11.97 and a beta of 0.23.

Kuraray (OTCMKTS:KURRYGet Free Report) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.64 earnings per share (EPS) for the quarter. Kuraray had a return on equity of 6.89% and a net margin of 6.33%. The firm had revenue of $1.41 billion during the quarter.

About Kuraray

(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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