Tokuyama (OTCMKTS:TKYMY) Reaches New 1-Year Low – Here’s Why

Tokuyama Corporation (OTCMKTS:TKYMY – Get Free Report)’s stock price hit a new 52-week low on Thursday. The company traded as low as $10.85 and last traded at $10.85, with a volume of 1,283 shares traded. The stock had previously closed at $12.0955.

Tokuyama Trading Down 7.9%

The company has a debt-to-equity ratio of 0.41, a current ratio of 1.74 and a quick ratio of 1.09. The business’s 50 day moving average price is $13.39 and its 200-day moving average price is $13.21. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 10.92 and a beta of 0.36.

About Tokuyama

(Get Free Report)

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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