Resonac (OTCMKTS:SHWDY) Reaches New 12-Month Low – Time to Sell?

Resonac Holdings Co. (OTCMKTS:SHWDY)’s share price reached 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 Price Performance

The company’s fifty day simple moving average is $22.93 and its two-hundred day simple moving average is $24.36. The stock has a market capitalization of $3.19 billion, a PE ratio of 9.87 and a beta of 0.34. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.18 and a current ratio of 1.65.

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

About Resonac

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.