Kuraray Co., Ltd. (OTCMKTS:KURRY – Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 1,100 shares, a decline of 21.4% from the August 15th total of 1,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 11.0 days.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group raised Kuraray from a “neutral” rating to a “buy” rating in a report on Thursday, August 17th.
Kuraray Stock Performance
Kuraray (OTCMKTS:KURRY – Get Free Report) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.89 earnings per share (EPS) for the quarter. Kuraray had a return on equity of 9.19% and a net margin of 6.68%. The business had revenue of $1.43 billion during the quarter.
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.
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