Ube Industries, Ltd. (OTCMKTS:UBEOY) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $10.85 and last traded at $10.85, with a volume of 0 shares changing hands. The stock had previously closed at $10.85.
Separately, Zacks Investment Research raised Ube Industries from a “strong sell” rating to a “hold” rating in a research report on Wednesday.
The firm has a 50-day simple moving average of $10.85 and a two-hundred day simple moving average of $10.89. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 8.04 and a beta of 0.78. The company has a current ratio of 1.56, a quick ratio of 1.10 and a debt-to-equity ratio of 0.40.
About Ube Industries (OTCMKTS:UBEOY)
Ube Industries Ltd. engages in the operation of chemical, construction materials, machinery and environmental businesses. It operates through the following business segments: Chemicals, Construction Materials, Machinery and Others. The Chemicals segment provides nylon products made from caprolactam, nylon resin, polybutadiene rubber, polyimide, and silicon nitrides; and also provides separators for lithium-ion batteries, thermal control film for satellites, gas separation membrane modules, synthetic marine fragrances and others.
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