Kuraray (OTCMKTS:KURRY) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Kuraray Co., Ltd. (OTCMKTS:KURRY)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $42.77 and traded as low as $35.80. Kuraray shares last traded at $35.80, with a volume of 399 shares traded.

Kuraray Trading Down 3.6 %

The firm has a market capitalization of $3.88 billion, a PE ratio of 18.55 and a beta of 0.14. The firm’s fifty day moving average is $42.77 and its two-hundred day moving average is $41.54. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.65 and a quick ratio of 1.43.

Kuraray (OTCMKTS:KURRY) last released its earnings results on Wednesday, February 12th. The company reported $0.48 earnings per share for the quarter. Kuraray had a net margin of 3.90% and a return on equity of 7.73%.

About Kuraray

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.