Tosoh (OTCMKTS:TOSCF) Issues Earnings Results

Tosoh (OTCMKTS:TOSCF) announced its quarterly earnings results on Wednesday. The company reported $0.34 EPS for the quarter, Zacks reports. Tosoh had a net margin of 3.29% and a return on equity of 5.95%.

Tosoh Stock Performance

Shares of OTCMKTS TOSCF remained flat at $17.10 during mid-day trading on Wednesday. The business has a 50 day moving average price of $17.00 and a 200 day moving average price of $16.38. Tosoh has a fifty-two week low of $16.00 and a fifty-two week high of $17.10. The company has a current ratio of 2.23, a quick ratio of 1.92 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $5.45 billion, a price-to-earnings ratio of 23.75 and a beta of 0.21.

Tosoh Company Profile

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.