TOR Minerals International Inc (TORM) Releases Quarterly Earnings Results
TOR Minerals International Inc (NASDAQ:TORM) issued its earnings results on Thursday. The specialty chemicals company reported ($0.09) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. TOR Minerals International had a net margin of 0.82% and a return on equity of 1.15%.
Shares of TOR Minerals International (NASDAQ TORM) traded up 2.081% during mid-day trading on Thursday, reaching $7.605. 3,246 shares of the company were exchanged. TOR Minerals International has a 12 month low of $4.67 and a 12 month high of $8.40. The firm has a market capitalization of $26.93 million, a price-to-earnings ratio of 82.663 and a beta of 0.94. The company’s 50-day moving average is $7.44 and its 200 day moving average is $7.67.
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Separately, ValuEngine cut shares of TOR Minerals International from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th.
TOR Minerals International Company Profile
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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