Tosoh (OTCMKTS:TOSCF) Sets New 12-Month High – What’s Next?

Tosoh (OTCMKTS:TOSCF)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $17.00 and last traded at $17.00, with a volume of 670 shares trading hands. The stock had previously closed at $16.00.

Tosoh Stock Up 6.3%

The stock has a 50 day moving average price of $16.00 and a 200 day moving average price of $15.91. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.53 and a current ratio of 2.32. The company has a market capitalization of $5.41 billion, a P/E ratio of 23.61 and a beta of 0.25.

About Tosoh

Tosoh Corporation, founded in 1935 and headquartered in Tokyo, Japan, is a diversified chemical company known for its production of basic and specialty chemicals. Originally established as Toyo Soda Manufacturing Co, Ltd., the company adopted the Tosoh name in 1987 to reflect its growing range of operations. Over the decades, Tosoh has expanded its footprint through a combination of research-driven product development and strategic international partnerships.

The company’s portfolio is organized around core business segments that include chlor-alkali and derivatives, specialty plastics and polymer materials, advanced ceramics, electronic materials, and life science products.