Kuraray (OTCMKTS:KURRY) Hits New 1-Year Low – Should You Sell?

Shares of Kuraray Co. (OTCMKTS:KURRY) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $28.44 and last traded at $28.44, with a volume of 155 shares changing hands. The stock had previously closed at $29.4250.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded Kuraray from a “strong-buy” rating to a “sell” rating in a report on Wednesday, November 19th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Kuraray Trading Down 3.3%

The stock has a market capitalization of $3.08 billion, a PE ratio of 29.02 and a beta of 0.02. The company has a current ratio of 2.44, a quick ratio of 1.33 and a debt-to-equity ratio of 0.22. The business’s 50-day moving average is $32.72 and its two-hundred day moving average is $34.91.

Kuraray (OTCMKTS:KURRY) last released its quarterly earnings data on Wednesday, November 12th. The company reported $0.77 EPS for the quarter. The company had revenue of $1.31 billion for the quarter. Kuraray had a return on equity of 5.38% and a net margin of 1.90%.

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.