TOKUYAMA CORP/ADR (OTCMKTS:TKYMY) Upgraded by Zacks Investment Research to Hold

Zacks Investment Research upgraded shares of TOKUYAMA CORP/ADR (OTCMKTS:TKYMY) from a sell rating to a hold rating in a research report sent to investors on Saturday, Zacks.com reports.

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 OTCMKTS:TKYMY opened at $12.58 on Friday. The company has a market capitalization of $1.75 billion, a PE ratio of 6.52 and a beta of 0.01. TOKUYAMA CORP/ADR has a 1-year low of $11.59 and a 1-year high of $16.17. The business’s 50 day simple moving average is $12.15.

TOKUYAMA CORP/ADR Company Profile

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

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