Kuraray Co., Ltd. (OTCMKTS:KURRY) Sees Significant Decline in Short Interest

Kuraray Co., Ltd. (OTCMKTS:KURRY) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 200 shares, a drop of 33.3% from the February 28th total of 300 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 0.7 days.

Kuraray Stock Down 2.0 %

Shares of KURRY stock traded down $0.77 during trading hours on Monday, reaching $36.84. The company had a trading volume of 624 shares, compared to its average volume of 540. The business has a fifty day simple moving average of $39.45 and a 200-day simple moving average of $41.38. Kuraray has a 12 month low of $30.77 and a 12 month high of $47.28. The company has a market cap of $3.99 billion, a price-to-earnings ratio of 19.09 and a beta of 0.11. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.65 and a quick ratio of 1.43.

Kuraray (OTCMKTS:KURRY) last posted its earnings results on Wednesday, February 12th. The company reported $0.48 earnings per share (EPS) for the quarter. Kuraray had a net margin of 3.90% and a return on equity of 7.73%.

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.