Resonac (OTCMKTS:SHWDY) Releases Earnings Results

Resonac (OTCMKTS:SHWDY) released its quarterly earnings data on Thursday. The company reported $1.03 EPS for the quarter, Zacks reports. Resonac had a return on equity of 4.89% and a net margin of 2.59%.

Resonac Stock Performance

SHWDY traded up $4.33 during midday trading on Thursday, hitting $100.33. 1,283 shares of the company traded hands, compared to its average volume of 209. The company has a quick ratio of 1.35, a current ratio of 1.81 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $19.17 billion, a PE ratio of 81.84 and a beta of 0.65. The company’s 50-day moving average is $103.48 and its 200 day moving average is $85.44. Resonac has a 52 week low of $32.48 and a 52 week high of $126.17.

Resonac Company Profile

Resonac Corporation (OTCMKTS: SHWDY), formerly known as Showa Denko K.K., is a diversified chemical manufacturer based in Tokyo, Japan. The company produces a broad range of industrial chemicals and performance materials that serve sectors including automotive, electronics, energy storage and environmental applications. Its product portfolio encompasses basic petrochemicals, polyolefins, functional chemicals, ceramic powders, aluminum specialty products and graphite electrodes for steel production.

Resonac maintains a strong presence in the electronics materials market through its supply of semiconductor‐grade silicon, silicon wafers, rare‐earth magnetic alloys and high‐purity gases and chemicals used in semiconductor fabrication.