Resonac (OTCMKTS:SHWDY) Shares Down 5.6% – Should You Sell?

Resonac Holdings Co. (OTCMKTS:SHWDY)’s share price fell 5.6% during trading on Friday . The company traded as low as $26.10 and last traded at $26.10. 4,008 shares traded hands during mid-day trading, an increase of 188% from the average session volume of 1,390 shares. The stock had previously closed at $27.64.

Resonac Trading Down 5.6 %

The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.15 and a current ratio of 1.65. The business has a 50 day moving average of $25.20 and a two-hundred day moving average of $23.54. The firm has a market capitalization of $4.83 billion, a price-to-earnings ratio of 20.55 and a beta of 0.39.

About Resonac

Resonac Holdings Corporation operates as a chemical company in Japan, China, rest of Asia, and internationally. It operates through Semiconductor and Electronic Materials, Mobility, Innovation Enabling Materials, and Chemicals segments. The company offers gases and solvents, abatement systems and surface treatments, CMP slurries, and anti-charging materials; semiconductor-related materials, display and sensor-related materials, and films; base and photosensitive materials for PWBs; hard disks, SiCs, and optical semiconductors for use as electronic device components; and molded plastics/sheet-formed, powder metal, and aluminum products for automotives.