Tosoh (OTCMKTS:TOSCF) Hits New 1-Year High – Here’s Why

Tosoh (OTCMKTS:TOSCF) shares reached a new 52-week high on Saturday . The company traded as high as $17.00 and last traded at $17.00, with a volume of 1000 shares changing hands. The stock had previously closed at $16.00.

Tosoh Stock Up 6.3%

The company has a debt-to-equity ratio of 0.08, a current ratio of 2.23 and a quick ratio of 1.92. The business’s fifty day simple moving average is $17.00 and its two-hundred day simple moving average is $16.36. The company has a market cap of $5.41 billion, a PE ratio of 23.61 and a beta of 0.21.

Tosoh Company Profile

Tosoh Corporation, founded in 1935 and headquartered in Tokyo, Japan, is a diversified chemical company known for its production of basic and specialty chemicals. Originally established as Toyo Soda Manufacturing Co, Ltd., the company adopted the Tosoh name in 1987 to reflect its growing range of operations. Over the decades, Tosoh has expanded its footprint through a combination of research-driven product development and strategic international partnerships.

The company’s portfolio is organized around core business segments that include chlor-alkali and derivatives, specialty plastics and polymer materials, advanced ceramics, electronic materials, and life science products.