KURARAY CO LTD/ADR (OTCMKTS:KURRY) Trading Up 2.1%
KURARAY CO LTD/ADR (OTCMKTS:KURRY) shares were up 2.1% during trading on Friday . The stock traded as high as $38.37 and last traded at $38.37, approximately 120 shares traded hands during mid-day trading. A decline of 96% from the average daily volume of 3,373 shares. The stock had previously closed at $37.58.
Separately, Zacks Investment Research upgraded shares of KURARAY CO LTD/ADR from a “sell” rating to a “hold” rating in a report on Wednesday, July 31st.
The stock has a market cap of $4.45 billion, a P/E ratio of 11.03 and a beta of 0.74. The company has a current ratio of 2.41, a quick ratio of 1.48 and a debt-to-equity ratio of 0.31. The firm’s fifty day moving average is $34.83 and its 200 day moving average is $36.75.
Kuraray Co, Ltd. manufactures and sells chemicals and resins, fibers and textiles, high performance materials, medical products, and others products worldwide. The company's Vinyl Acetate segment offers functional resins and films, including polyvinyl alcohol (PVA) resins for paper/fiber processing agents, adhesives, and others; optical-use PVA films for liquid crystal display televisions, mobile phone screens, and others; water-soluble PVA films for water soluble delivery system and others; PVB films for use as interlayers for laminated safety glass and photovoltaic module encapsulation; EVAL resins and films for food packaging, automobile tanks/vacuum insulation panels, refrigerators, and others; and PLANTIC, a bio-based barrier material for fresh food packaging and industrial uses.
Further Reading: How does a security become overbought?
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