Resonac (OTCMKTS:SHWDY) Releases Quarterly Earnings Results

Resonac (OTCMKTS:SHWDY) released its earnings results on Thursday. The company reported $0.75 earnings per share for the quarter, Zacks reports. Resonac had a net margin of 2.46% and a return on equity of 7.39%. The company had revenue of $1.58 billion for the quarter.

Resonac Stock Performance

Shares of OTCMKTS SHWDY remained flat at $22.65 during mid-day trading on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.18 and a current ratio of 1.65. Resonac has a 52-week low of $19.11 and a 52-week high of $27.68. The business has a 50-day moving average of $25.47 and a two-hundred day moving average of $24.11. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 17.83 and a beta of 0.38.

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.