TOR Minerals International Inc (TORM) to Release Earnings on Thursday
TOR Minerals International (NASDAQ:TORM) last announced its quarterly earnings results on Thursday, August 3rd. The specialty chemicals company reported $0.10 EPS for the quarter. TOR Minerals International had a return on equity of 1.15% and a net margin of 0.82%. The company had revenue of $10.73 million during the quarter. On average, analysts expect TOR Minerals International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of TOR Minerals International Inc (TORM) traded down 0.4863% during trading on Tuesday, reaching $7.2645. The company had a trading volume of 1,517 shares. The company has a market capitalization of $25.72 million, a PE ratio of 78.9620 and a beta of 0.94. TOR Minerals International Inc has a 52 week low of $4.67 and a 52 week high of $8.40. The stock’s 50-day moving average price is $7.43 and its 200-day moving average price is $7.67.
Separately, ValuEngine lowered TOR Minerals International from a “buy” rating to a “hold” rating in a research note on Monday, August 28th.
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About TOR Minerals International
TOR Minerals International, Inc is a manufacturer and seller of mineral products for use as pigments and extenders, primarily in the manufacture of paints, industrial coatings plastics, and solid surface applications. The Company’s specialty mineral products, which include flame retardant and smoke suppressant fillers, engineered fillers, and titanium dioxide (TiO2)-color hybrid pigments, are designed for use in plastics, coatings, paints and catalysts applications, as well as a range of other industrial applications.
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