Resonac (OTCMKTS:SHWDY) Posts Earnings Results

Resonac (OTCMKTS:SHWDY) announced its quarterly earnings data on Thursday. The company reported $999.00 earnings per share for the quarter, Zacks reports. Resonac had a net margin of 2.11% and a return on equity of 4.11%.

Resonac Trading Up 6.0%

Shares of SHWDY stock opened at $109.32 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.37 and a current ratio of 1.80. The stock has a market capitalization of $20.21 billion, a P/E ratio of 103.13 and a beta of 0.49. The company has a 50 day moving average price of $80.40 and a 200 day moving average price of $60.18. Resonac has a fifty-two week low of $20.48 and a fifty-two week high of $126.17.

About Resonac

Resonac Corporation (OTCMKTS: SHWDY), formerly known as Showa Denko K.K., is a diversified chemical manufacturer based in Tokyo, Japan. The company produces a broad range of industrial chemicals and performance materials that serve sectors including automotive, electronics, energy storage and environmental applications. Its product portfolio encompasses basic petrochemicals, polyolefins, functional chemicals, ceramic powders, aluminum specialty products and graphite electrodes for steel production.

Resonac maintains a strong presence in the electronics materials market through its supply of semiconductor‐grade silicon, silicon wafers, rare‐earth magnetic alloys and high‐purity gases and chemicals used in semiconductor fabrication.