Kuraray (OTCMKTS:KURRY) Posts Quarterly Earnings Results

Kuraray (OTCMKTS:KURRY) announced its quarterly earnings data on Wednesday. The company reported $0.48 earnings per share (EPS) for the quarter, Zacks reports. Kuraray had a return on equity of 7.80% and a net margin of 6.43%.

Kuraray Stock Down 12.2 %

Shares of Kuraray stock opened at $38.20 on Thursday. Kuraray has a twelve month low of $28.77 and a twelve month high of $47.28. The company has a current ratio of 2.65, a quick ratio of 1.43 and a debt-to-equity ratio of 0.26. The business’s 50 day simple moving average is $44.29 and its 200-day simple moving average is $41.37. The stock has a market capitalization of $4.14 billion, a price-to-earnings ratio of 12.05 and a beta of 0.14.

Kuraray Company Profile

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.