Zacks Investment Research Downgrades Tosoh (TOSCF) to Hold

Zacks Investment Research downgraded shares of Tosoh (OTCMKTS:TOSCF) from a buy rating to a hold rating in a research report report published on Wednesday, March 21st.

According to Zacks, “Tosoh Corporation is a chemical company. Its primary products include ethylene, polyethylene, caustic soda, vinyl chloride and fine chemicals. The company operates primarily in Japan, rest of Asia, Europe and North America. Tosoh Corporation is headquartered in Tokyo, Japan. “

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TOSCF stock remained flat at $$20.21 during mid-day trading on Wednesday. 206 shares of the company’s stock traded hands, compared to its average volume of 10. Tosoh has a one year low of $20.16 and a one year high of $23.20. The stock has a market capitalization of $6,569.89 and a price-to-earnings ratio of 9.36.

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Tosoh Company Profile

Tosoh Corp. engages in the manufacture and sale of basic chemicals, petrochemicals, fine chemicals, and specialty products. It operates through the following segments: Petrochemicals, Chlor-alkali, Specialty, Engineering, and Other. The Petrochemical segment offers olefins and polymers. The Chlor-alkali provides caustic soda, vinyl chloride monomer, polyvinyl chloride, high-performance polyurethane, organic chemicals, urethane raw materials, and cement.

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