Kuraray (OTCMKTS:KURRY) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Kuraray Co., Ltd. (OTCMKTS:KURRYGet Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $40.20 and traded as low as $39.80. Kuraray shares last traded at $39.80, with a volume of 275 shares changing hands.

Kuraray Stock Performance

The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 19.40 and a beta of 0.11. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.43 and a current ratio of 2.65. The stock has a fifty day simple moving average of $39.91 and a two-hundred day simple moving average of $41.42.

Kuraray (OTCMKTS:KURRYGet Free Report) last released its earnings results on Wednesday, February 12th. The company reported $0.48 EPS for the quarter. Kuraray had a return on equity of 7.73% and a net margin of 3.90%.

Kuraray Company Profile

(Get Free Report)

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.

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