Tokuyama Co. (OTCMKTS:TKYMY) Short Interest Update

Tokuyama Co. (OTCMKTS:TKYMY) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,300 shares, an increase of 160.0% from the February 29th total of 500 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 6.5 days.

Tokuyama Price Performance

TKYMY opened at $8.98 on Thursday. The company has a current ratio of 1.85, a quick ratio of 1.21 and a debt-to-equity ratio of 0.32. Tokuyama has a twelve month low of $7.27 and a twelve month high of $9.04. The company’s 50-day moving average price is $8.41 and its two-hundred day moving average price is $8.10.

Tokuyama (OTCMKTS:TKYMY) last released its earnings results on Wednesday, January 31st. The company reported $0.28 earnings per share for the quarter. The firm had revenue of $569.86 million for the quarter. Tokuyama had a net margin of 3.65% and a return on equity of 5.04%.

About Tokuyama

Tokuyama Corporation produces and sells various chemical products in Japan. The company operates through six segments: Chemicals, Cement, Electronics and Advanced Materials, Life Science, Eco Business, and Others. The Chemicals segment offers caustic soda, soda ash, calcium chloride, sodium silicate cullet, sodium bicarbonate, purified, vinyl chloride monomer, polyvinyl chloride resin, propylene oxide, methylene chloride, and chloroform.