Kuraray Co. (OTCMKTS:KURRY – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $38.00, but opened at $34.6880. Kuraray shares last traded at $34.6880, with a volume of 215 shares.
Kuraray Stock Down 8.7%
The stock has a market cap of $3.49 billion, a price-to-earnings ratio of 65.45 and a beta of 0.01. The company has a current ratio of 2.49, a quick ratio of 1.29 and a debt-to-equity ratio of 0.27. The firm’s 50 day moving average is $32.50 and its two-hundred day moving average is $32.47.
About Kuraray
Kuraray Co, Ltd. is a Japan-based specialty chemicals and materials company that develops, manufactures and markets a broad range of synthetic resins, fibers and functional polymers. Established in 1926, the company has built a diversified portfolio that includes polyvinyl alcohol (PVOH) resins, ethylene-vinyl alcohol copolymers (EVOH), cellulose-based derivatives, synthetic rubber and water-soluble polymers. These materials serve as key inputs for industries ranging from packaging and paper to automotive and electronics.
The company’s flagship products include the Mowital® series of PVOH resins, known for their film-forming and adhesive properties; EVAL™ EVOH resins, which offer high gas-barrier performance for food and medical packaging; and Clarino®, a high-performance synthetic leather used in apparel, footwear and upholstery.
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