Short Interest in Tokuyama Co. (OTCMKTS:TKYMY) Declines By 25.0%

Tokuyama Co. (OTCMKTS:TKYMY) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 1,200 shares, a decrease of 25.0% from the March 31st total of 1,600 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 6.0 days.

Tokuyama Stock Performance

Shares of Tokuyama stock opened at $9.18 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.21 and a current ratio of 1.85. The business has a fifty day simple moving average of $8.67 and a 200-day simple moving average of $8.22. Tokuyama has a fifty-two week low of $7.27 and a fifty-two week high of $9.20.

Tokuyama (OTCMKTS:TKYMY) last announced its earnings results on Wednesday, January 31st. The company reported $0.28 EPS for the quarter. Tokuyama had a return on equity of 5.04% and a net margin of 3.65%. The business had revenue of $569.86 million during the quarter.

Tokuyama Company Profile

Tokuyama Corporation produces and sells various chemical products in Japan. The company operates through six segments: Chemicals, Cement, Electronics and Advanced Materials, Life Science, Eco Business, and Others. The Chemicals segment offers caustic soda, soda ash, calcium chloride, sodium silicate cullet, sodium bicarbonate, purified, vinyl chloride monomer, polyvinyl chloride resin, propylene oxide, methylene chloride, and chloroform.