Kuraray (OTCMKTS:KURRY) Stock Passes Above 50 Day Moving Average – Time to Sell?

Kuraray Co., Ltd. (OTCMKTS:KURRY) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $39.93 and traded as high as $44.00. Kuraray shares last traded at $43.11, with a volume of 306 shares trading hands.

Kuraray Trading Down 1.6 %

The firm has a market capitalization of $4.81 billion, a P/E ratio of 14.00 and a beta of 0.23. The company has a quick ratio of 1.60, a current ratio of 2.84 and a debt-to-equity ratio of 0.24. The business has a 50-day moving average price of $39.93 and a 200-day moving average price of $36.56.

Kuraray (OTCMKTS:KURRY) last released its quarterly earnings data on Friday, August 9th. The company reported $0.64 earnings per share (EPS) for the quarter. The business had revenue of $1.41 billion for the quarter. Kuraray had a return on equity of 6.89% and a net margin of 6.33%.

Kuraray Company Profile

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.