Tokuyama Corporation (OTCMKTS:TKYMY – Get Free Report)’s share price gapped up prior to trading on Monday. The stock had previously closed at $11.27, but opened at $12.86. Tokuyama shares last traded at $12.86, with a volume of 259 shares trading hands.
Tokuyama Stock Up 12.7%
The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.09 and a current ratio of 1.74. The stock’s fifty day simple moving average is $13.49 and its two-hundred day simple moving average is $13.22. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 12.45 and a beta of 0.24.
About Tokuyama
Tokuyama Corporation is a Japanese chemical company that develops and manufactures a broad range of industrial and specialty materials. Its businesses include basic chemicals such as caustic soda and chlorine derivatives, as well as cement and related construction materials.
The company also supplies products for advanced technology and healthcare applications. These include polycrystalline silicon used in semiconductor manufacturing, fumed silica and other high-performance materials, dental materials, and products for the electronics and information technology industries.
Tokuyama was established in Japan in 1918 as Nihon Soda Kogyo Co, Ltd.
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