TOR Minerals International (OTCMKTS:TORM) Stock Price Passes Below 200 Day Moving Average – What’s Next?

TOR Minerals International Inc (OTCMKTS:TORM)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.22 and traded as low as $1.12. TOR Minerals International shares last traded at $1.19, with a volume of 1,566 shares traded.

TOR Minerals International Trading Up 3.5%

The firm’s 50-day moving average is $1.11 and its 200 day moving average is $1.22. The company has a current ratio of 3.64, a quick ratio of 1.60 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $4.21 million, a price-to-earnings ratio of -1.63 and a beta of 0.08.

TOR Minerals International (OTCMKTS:TORM) last released its quarterly earnings results on Friday, March 28th. The specialty chemicals company reported ($0.17) earnings per share (EPS) for the quarter. TOR Minerals International had a negative return on equity of 11.99% and a negative net margin of 9.01%. The firm had revenue of $5.22 million for the quarter.

TOR Minerals International Company Profile

TOR Minerals International, Inc produces and sells specialty mineral products in the United States, Europe, and Asia. The company offers alumina trihydrate and boehmite halogen-free flame retardant and smoke suppressant fillers for plastics, rubber, and specialty applications; and beige and gray colored titanium dioxide (TiO2) pigments for use in paints, coatings, plastics, paper, and various other products.