Resonac (OTCMKTS:SHWDY) Stock Price Down 10.4% – Here’s What Happened

Resonac Holdings Co. (OTCMKTS:SHWDY) traded down 10.4% during trading on Thursday . The stock traded as low as $23.65 and last traded at $23.65. 100 shares were traded during mid-day trading, an increase of 497% from the average session volume of 17 shares. The stock had previously closed at $26.40.

Resonac Price Performance

The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.18 and a current ratio of 1.65. The business’s 50 day simple moving average is $23.46 and its 200-day simple moving average is $24.18. The stock has a market capitalization of $4.53 billion, a price-to-earnings ratio of 13.99 and a beta of 0.40.

Resonac (OTCMKTS:SHWDY) last announced its earnings results on Thursday, February 13th. The company reported $0.75 EPS for the quarter. The firm had revenue of $1.58 billion for the quarter. Resonac had a return on equity of 8.48% and a net margin of 3.88%.

About Resonac

Resonac Holdings Corporation operates as a chemical company in Japan, China, rest of Asia, and internationally. It operates through Semiconductor and Electronic Materials, Mobility, Innovation Enabling Materials, and Chemicals segments. The company offers gases and solvents, abatement systems and surface treatments, CMP slurries, and anti-charging materials; semiconductor-related materials, display and sensor-related materials, and films; base and photosensitive materials for PWBs; hard disks, SiCs, and optical semiconductors for use as electronic device components; and molded plastics/sheet-formed, powder metal, and aluminum products for automotives.