Tosoh Co. (OTCMKTS:TOSCF) Short Interest Update
Tosoh Co. (OTCMKTS:TOSCF) experienced a notable decline in short interest for the month of December. As of December 15, the total short interest was recorded at 95,600 shares, which represents a significant decrease of 28.6% from the 133,800 shares reported on November 30. Based on an average daily trading volume of 100 shares, the current short-interest ratio stands at an impressive 956.0 days.
Tosoh Price Performance
As of mid-day trading on a Friday, the share price of Tosoh remained stable at $12.90. The company's 50-day simple moving average is at $12.58, while the 200-day simple moving average is at $12.80. Tosoh Co. demonstrates a low debt-to-equity ratio of 0.05, a quick ratio of 1.42, and a current ratio of 2.12. Over the past year, the company has seen its stock reach a low of $12.90 and a high also at $12.90.
Tosoh Company Overview
Tosoh Corporation is involved in the manufacturing and selling of various chemicals, including basic chemicals, petrochemicals, specialty products, and fine chemicals on a global scale. The company operates through four primary segments: Petrochemical, Chlor-Alkali, Specialty, and Engineering. Tosoh provides advanced materials, such as battery components, fabricated quartzware, silica glass, thin film depositions, zeolites for catalysts and molecular sieves, and zirconia products including injection mold components and compounds, grinding media, fine beads, and powders.
Investment Insights
Before considering an investment of $1,000 in Tosoh, it is prudent to evaluate the broader market recommendations. Analysts have identified several alternative stocks that are currently favored and have demonstrated better performance prospects compared to Tosoh. Presently, Tosoh carries a "Hold" rating, indicating that investors should think carefully before taking action.
Conclusion
The changes in short interest and current trading metrics for Tosoh Co. present a complex picture for potential investors. Understanding the performance history, company fundamentals, and market insights is essential in making informed investment decisions.
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