Kuraray (OTCMKTS:KURRY) Releases Quarterly Earnings Results

Kuraray (OTCMKTS:KURRY) posted its quarterly earnings data on Wednesday. The company reported $1.70 earnings per share for the quarter, Zacks reports. Kuraray had a net margin of 2.87% and a return on equity of 7.27%. The firm had revenue of $1.33 billion for the quarter.

Kuraray Stock Performance

OTCMKTS:KURRY remained flat at $36.93 during trading hours on Friday. The company had a trading volume of 112 shares, compared to its average volume of 59. The stock has a fifty day moving average price of $33.49 and a two-hundred day moving average price of $32.82. The stock has a market cap of $3.72 billion, a price-to-earnings ratio of 22.94 and a beta of 0.05. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.45 and a current ratio of 2.63. Kuraray has a 52-week low of $27.64 and a 52-week high of $38.00.

Kuraray Company Profile

Kuraray Co., Ltd. is a Japanese specialty chemicals and materials company that develops and manufactures products for industrial and consumer applications. Its portfolio includes polyvinyl alcohol (PVA) resin and fiber, ethylene vinyl alcohol (EVOH) resin, synthetic leather, activated carbon, and specialty chemicals. The company’s materials are used in applications such as packaging, automotive components, construction, electronics, water treatment, and healthcare. Kuraray also produces functional resins, elastomers, fibers, and other performance materials, including products sold under brands such as EVAL, KURALON, and CLARINO.