Tosoh (OTCMKTS:TOSCF) Reaches New 12-Month High – Still a Buy?

Tosoh (OTCMKTS:TOSCF) hit a new 52-week high on Friday . The stock traded as high as $17.25 and last traded at $17.25, with a volume of 250 shares trading hands. The stock had previously closed at $17.10.

Tosoh Stock Performance

The firm has a market cap of $5.49 billion, a P/E ratio of 19.83 and a beta of 0.21. The company has a current ratio of 2.23, a quick ratio of 1.92 and a debt-to-equity ratio of 0.08. The company’s 50-day moving average is $17.01 and its two-hundred day moving average is $16.40.

Tosoh (OTCMKTS:TOSCF) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.34 earnings per share for the quarter. Tosoh had a net margin of 4.01% and a return on equity of 6.67%. The business had revenue of $1.68 billion for the quarter.

Tosoh Company Profile

Tosoh Corporation, founded in 1935 and headquartered in Tokyo, Japan, is a diversified chemical company known for its production of basic and specialty chemicals. Originally established as Toyo Soda Manufacturing Co, Ltd., the company adopted the Tosoh name in 1987 to reflect its growing range of operations. Over the decades, Tosoh has expanded its footprint through a combination of research-driven product development and strategic international partnerships.

The company’s portfolio is organized around core business segments that include chlor-alkali and derivatives, specialty plastics and polymer materials, advanced ceramics, electronic materials, and life science products.