Tokuyama (OTCMKTS:TKYMY) Reaches New 12-Month Low – Here’s What Happened

Tokuyama Corporation (OTCMKTS:TKYMY – Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $10.85 and last traded at $10.85, with a volume of 1,283 shares. The stock had previously closed at $12.0955.

Tokuyama Price Performance

The stock’s 50-day moving average is $13.39 and its 200-day moving average is $13.21. The company has a quick ratio of 1.09, a current ratio of 1.74 and a debt-to-equity ratio of 0.41. The firm has a market cap of $1.60 billion, a P/E ratio of 10.92 and a beta of 0.36.

About Tokuyama

(Get Free Report)

Tokuyama Corporation is a Japanese chemical company that develops and manufactures a broad range of industrial and specialty materials. Its businesses include basic chemicals such as caustic soda and chlorine derivatives, as well as cement and related construction materials.

The company also supplies products for advanced technology and healthcare applications. These include polycrystalline silicon used in semiconductor manufacturing, fumed silica and other high-performance materials, dental materials, and products for the electronics and information technology industries.

Tokuyama was established in Japan in 1918 as Nihon Soda Kogyo Co, Ltd.

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