TOR Minerals International Inc (TORM) Stock Rating Lowered by ValuEngine

TOR Minerals International Inc (NASDAQ:TORM) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

Shares of TOR Minerals International (TORM) opened at 7.30 on Tuesday. The stock has a market cap of $25.85 million, a P/E ratio of 79.35 and a beta of 0.94. The stock’s 50 day moving average is $7.50 and its 200 day moving average is $7.65. TOR Minerals International has a 12 month low of $4.67 and a 12 month high of $8.40.

TOR Minerals International (NASDAQ:TORM) last released its quarterly earnings results on Thursday, August 3rd. The specialty chemicals company reported $0.10 earnings per share for the quarter. TOR Minerals International had a net margin of 0.82% and a return on equity of 1.15%. The business had revenue of $10.73 million during the quarter.

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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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