Tokai Carbon (OTCMKTS:TKCBY) Shares Up 13.1% – Time to Buy?

Shares of Tokai Carbon Co., Ltd. (OTCMKTS:TKCBYGet Free Report) shot up 13.1% during mid-day trading on Tuesday . The stock traded as high as $25.00 and last traded at $25.00. 100 shares were traded during trading, a decline of 65% from the average session volume of 282 shares. The stock had previously closed at $22.11.

Tokai Carbon Stock Performance

The stock has a 50-day moving average price of $22.99 and a 200 day moving average price of $22.96.

About Tokai Carbon

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Tokai Carbon Co, Ltd. manufactures and sells carbon-related products and services in Japan. The company offers graphite electrodes for use in electric furnaces, such as direct current, alternating current, and refining furnaces; and carbon black, including SEAST, TOKABLACK, Aqua Black, and Thermal black varieties, which are used to reinforce the rubber in tires, as well as used as a black pigment in various black-colored products.

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