Resonac (OTCMKTS:SHWDY) Hits New 52-Week Low – What’s Next?

Shares of Resonac Holdings Co. (OTCMKTS:SHWDY) hit a new 52-week low on Friday . The stock traded as low as $17.28 and last traded at $17.28, with a volume of 175 shares changing hands. The stock had previously closed at $24.48.

Resonac Trading Down 29.4 %

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 stock has a market capitalization of $3.19 billion, a price-to-earnings ratio of 9.87 and a beta of 0.34. The company’s 50-day moving average is $22.93 and its 200-day moving average is $24.36.

Resonac (OTCMKTS:SHWDY) last announced its earnings results on Thursday, February 13th. The company reported $0.75 earnings per share (EPS) for the quarter. The firm had revenue of $1.58 billion during the quarter. Resonac had a return on equity of 8.48% and a net margin of 3.88%.

Resonac Company Profile

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.