TOR Minerals International Inc (NASDAQ:TORM) Raised to Buy at ValuEngine

ValuEngine upgraded shares of TOR Minerals International Inc (NASDAQ:TORM) from a hold rating to a buy rating in a research report sent to investors on Friday, September 8th.

TOR Minerals International (NASDAQ TORM) traded down 4.73% during midday trading on Friday, reaching $7.05. The company’s stock had a trading volume of 1,143 shares. The stock has a 50-day moving average price of $7.65 and a 200 day moving average price of $7.54. The company has a market cap of $24.96 million, a PE ratio of 76.63 and a beta of 0.94. TOR Minerals International has a 12 month low of $4.67 and a 12 month high of $8.40.

TOR Minerals International (NASDAQ:TORM) last announced its quarterly earnings data on Thursday, August 3rd. The specialty chemicals company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $10.73 million during the quarter. TOR Minerals International had a net margin of 0.82% and a return on equity of 1.15%.

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About TOR Minerals International

TOR Minerals International, Inc is a manufacturer and seller of mineral products for use as pigments and extenders, primarily in the manufacture of paints, industrial coatings plastics, and solid surface applications. The Company’s specialty mineral products, which include flame retardant and smoke suppressant fillers, engineered fillers, and titanium dioxide (TiO2)-color hybrid pigments, are designed for use in plastics, coatings, paints and catalysts applications, as well as a range of other industrial applications.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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