Tokuyama (OTCMKTS:TKYMY) Shares Gap Up – Time to Buy?

Tokuyama Corporation (OTCMKTS:TKYMY – Get Free Report)’s share price gapped up before the market opened on Monday. The stock had previously closed at $11.14, but opened at $11.96. Tokuyama shares last traded at $11.96, with a volume of 105 shares changing hands.

Tokuyama Stock Up 7.4%

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 $1.72 billion, a P/E ratio of 13.44 and a beta of 0.36. The company’s fifty day simple moving average is $13.28 and its 200 day simple moving average is $13.19.

Tokuyama Company Profile

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Tokuyama Corporation is a Japanese chemical manufacturer whose businesses span chemicals, cement, electronic materials, life sciences and environmental products. Its offerings include basic chemicals such as caustic soda, cement and related materials, and high-purity materials used in semiconductor manufacturing.

The company also makes dental materials and other healthcare-related products, as well as materials used in a range of industrial applications. Tokuyama serves customers in Japan and overseas through its international operations.

Founded in 1918 in Yamaguchi Prefecture, Japan, the company began as a producer of soda-related chemicals.

Further Reading

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