TOR Minerals International Inc (TORM) Announces Earnings Results

TOR Minerals International Inc (NASDAQ:TORM) posted its quarterly earnings data on Thursday. The specialty chemicals company reported ($0.09) EPS for the quarter, Bloomberg Earnings reports. The business had revenue of $9.49 million during the quarter. TOR Minerals International had a return on equity of 1.15% and a net margin of 0.82%.

TOR Minerals International (NASDAQ:TORM) traded down 22.42% during trading on Friday, reaching $5.90. The company’s stock had a trading volume of 16,719 shares. The stock has a market cap of $20.89 million, a P/E ratio of 64.13 and a beta of 0.94. The company’s 50 day moving average price is $7.44 and its 200-day moving average price is $7.67. TOR Minerals International has a 1-year low of $4.67 and a 1-year high of $8.40.

Separately, ValuEngine raised TOR Minerals International from a “hold” rating to a “buy” rating in a research note on Friday, September 8th.

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TOR Minerals International Company Profile

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.

Earnings History for TOR Minerals International (NASDAQ:TORM)

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