Tokuyama (OTCMKTS:TKYMY) Announces Quarterly Earnings Results

Tokuyama (OTCMKTS:TKYMY) announced its earnings results on Friday. The company reported $0.23 earnings per share (EPS) for the quarter, Zacks reports. Tokuyama had a net margin of 7.00% and a return on equity of 9.54%. The firm had revenue of $569.79 million during the quarter.

Tokuyama Stock Performance

Tokuyama stock opened at $12.97 on Friday. Tokuyama has a 12-month low of $7.60 and a 12-month high of $12.97. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.75 and a quick ratio of 2.06. The stock has a market capitalization of $1.87 billion, a PE ratio of 11.68 and a beta of 0.15. The firm has a 50 day simple moving average of $12.81 and a 200-day simple moving average of $11.72.

About Tokuyama

Tokuyama Corporation (OTCMKTS: TKYMY) is a diversified Japanese chemical company headquartered in Yamaguchi Prefecture. Established in 1918 as a cement producer, it has since grown into a global supplier of specialty chemicals, materials and industrial products. The company operates through several business segments including cement, fine chemicals, silicones, polycrystalline silicon, electrolytic manganese dioxide (EMD) and medical-dental materials.

In its cement division, Tokuyama manufactures and sells portland cement and slag cement to domestic and overseas markets, supporting infrastructure and construction projects.