Kuraray Co., Ltd. (OTCMKTS:KURRY) shares traded down 1.5% on Wednesday . The company traded as low as $30.32 and last traded at $30.32. 222 shares were traded during trading, a decline of 60% from the average session volume of 557 shares. The stock had previously closed at $30.79.
Separately, Zacks Investment Research downgraded shares of Kuraray from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 19th.
The company has a quick ratio of 1.68, a current ratio of 2.36 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 433.14 and a beta of 0.78. The firm has a 50 day moving average of $32.63.
Kuraray Co, Ltd. engages in resins, chemicals, fibers, and others businesses worldwide. The company's Vinyl Acetate segment offers polyvinyl alcohol (PVA) resins for paper/fiber processing agents, adhesives, and stabilizers; optical-use PVA films for liquid crystal displays and others; water-soluble PVA films for detergents and others; PVB film and Ionoplast interlayer for safety glass; EVOH resins for food packaging, automotive fuel tanks, stain-resistant wallpaper, vacuum insulation panels, and others; EVAL, a food packaging materials; and PLANTIC, a bio-based barrier material for food packaging materials.
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