Tokuyama (TKYMY) Rating Increased to Hold at Zacks Investment Research

Tokuyama (OTCMKTS:TKYMY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

According to Zacks, “Tokuyama Corporation manufactures and sells chemicals, specialty products, cement and functional materials. Chemicals segment offers soda ash, caustic soda, calcium chloride, silicate soda, vinyl chloride resin, propylene oxide, isopropyl alcohol and methylene chloride. Specialty Products segment offers multicrystalline silicon, wet silica, metal cleaning chemicals, high-purity chemicals for electronic industry, environmental-related equipment and others. Cement segment offers portland cement, ready-mixed concrete and cementitious solidified materials. Life Amenity segment offers polypropylene film, resin sashes and others. Tokuyama Corporation is based in Chiyoda-Ku, Japan. “

Shares of Tokuyama (OTCMKTS TKYMY) traded down $0.17 on Wednesday, hitting $16.14. The stock had a trading volume of 100 shares, compared to its average volume of 533. Tokuyama has a fifty-two week low of $12.44 and a fifty-two week high of $16.81. The firm has a market cap of $2,245.51, a PE ratio of 9.29 and a beta of 0.09.

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Tokuyama Company Profile

Tokuyama Corporation produces and sells various chemical products in Japan. It operates through four segments: Chemicals, Specialty Products, Cement, and Life & Amenity. The Chemicals segment offers soda ash, calcium chloride, sodium silicate, sodium bicarbonate, caustic soda, vinyl chloride monomer, propylene oxide, methylene chloride, isopropyl alcohol, and polyvinyl chloride.

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