Resonac (OTCMKTS:SHWDY) Trading Down 10.4% – What’s Next?

Shares of Resonac Holdings Co. (OTCMKTS:SHWDY) fell 10.4% during trading on Thursday . The stock traded as low as $23.65 and last traded at $23.65. 100 shares were traded during trading, an increase of 497% from the average session volume of 17 shares. The stock had previously closed at $26.40.

Resonac Stock Down 10.4 %

The company has a debt-to-equity ratio of 1.37, a current ratio of 1.65 and a quick ratio of 1.18. The company’s 50-day simple moving average is $23.49 and its 200 day simple moving average is $24.17. The firm has a market cap of $4.37 billion, a P/E ratio of 13.51 and a beta of 0.40.

Resonac (OTCMKTS:SHWDY) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.75 EPS for the quarter. Resonac had a net margin of 3.88% and a return on equity of 8.48%. The business had revenue of $1.58 billion during the quarter.

Resonac Company Profile

Resonac Holdings Corporation operates as a chemical company in Japan, China, rest of Asia, and internationally. It operates through Semiconductor and Electronic Materials, Mobility, Innovation Enabling Materials, and Chemicals segments. The company offers gases and solvents, abatement systems and surface treatments, CMP slurries, and anti-charging materials; semiconductor-related materials, display and sensor-related materials, and films; base and photosensitive materials for PWBs; hard disks, SiCs, and optical semiconductors for use as electronic device components; and molded plastics/sheet-formed, powder metal, and aluminum products for automotives.