Tokuyama (OTCMKTS:TKYMY) Reaches New 1-Year High – Should You Buy?

Tokuyama Corporation (OTCMKTS:TKYMY)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $14.00 and last traded at $14.00, with a volume of 300 shares trading hands. The stock had previously closed at $14.00.

Tokuyama Stock Performance

The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.22 and a current ratio of 1.91. The firm has a market cap of $2.01 billion, a P/E ratio of 13.59 and a beta of 0.12. The firm has a 50 day simple moving average of $12.03 and a 200 day simple moving average of $12.41.

Tokuyama (OTCMKTS:TKYMY) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.23 earnings per share for the quarter. Tokuyama had a return on equity of 8.20% and a net margin of 6.39%.The firm had revenue of $624.30 million for the quarter.

Tokuyama Company Profile

Tokuyama Corporation (OTCMKTS: TKYMY) is a diversified Japanese chemical company headquartered in Yamaguchi Prefecture. Established in 1918 as a cement producer, it has since grown into a global supplier of specialty chemicals, materials and industrial products. The company operates through several business segments including cement, fine chemicals, silicones, polycrystalline silicon, electrolytic manganese dioxide (EMD) and medical-dental materials.

In its cement division, Tokuyama manufactures and sells portland cement and slag cement to domestic and overseas markets, supporting infrastructure and construction projects.