Separately, Zacks Investment Research upgraded JSR CORP/ADR from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research note on Wednesday, August 28th.
JSR CORP/ADR stock traded up $0.52 during midday trading on Wednesday, reaching $16.69. 1,606 shares of the company’s stock were exchanged, compared to its average volume of 682. JSR CORP/ADR has a 52 week low of $13.47 and a 52 week high of $18.67. The company has a current ratio of 1.97, a quick ratio of 1.29 and a debt-to-equity ratio of 0.12. The stock’s 50-day simple moving average is $16.01 and its 200 day simple moving average is $15.47.
About JSR CORP/ADR
JSR Corporation provides petrochemical products, and fine chemicals and other products in Japan and internationally. The company operates through three segments: Elastomers Business, Plastics Business, and Fine Chemicals and Other Products Business. The Elastomers Business segment offers general purpose synthetic rubbers, including emulsion polymerization styrene-butadiene (SB), solution polymerization SB, styrene, polybutadiene and isoprene rubbers, etc.; special-purpose synthetic rubbers, such as nitrile, butyl, ethylene propylene, NV and NE polymer blend rubbers, etc.; and thermoplastic elastomers comprising butadiene type TPE, hydrogenated polymer, styrene-butadiene type TPE, styrene-isoprene type TPE, olefin type TPE, etc.
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