TOR Minerals International (OTCMKTS:TORM) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

TOR Minerals International Inc (OTCMKTS:TORM) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.15 and traded as low as $1.15. TOR Minerals International shares last traded at $1.15, with a volume of 150 shares.

TOR Minerals International Stock Up 7.5%

The firm has a market capitalization of $4.07 million, a PE ratio of -3.48 and a beta of -0.08. The company has a fifty day simple moving average of $1.11 and a two-hundred day simple moving average of $1.15. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.72 and a current ratio of 4.09.

TOR Minerals International (OTCMKTS:TORM) last announced its quarterly earnings results on Saturday, November 15th. The specialty chemicals company reported ($0.08) EPS for the quarter. The firm had revenue of $5.23 million for the quarter. TOR Minerals International had a negative net margin of 5.31% and a negative return on equity of 7.21%.

TOR Minerals International Company Profile

TOR Minerals International, Inc (OTCMKTS:TORM) is a Canada-based provider of specialty chemical reagents for mineral processing. Headquartered in St. John’s, Newfoundland and Labrador, the company develops and manufactures a suite of flotation reagents, including collectors, frothers, depressants, activators and modifiers that aid in the efficient separation of base metals, precious metals and coal. TOR Minerals applies proprietary formulation technology to tailor reagent performance for specific ore types and operational conditions.

Since its incorporation in 2003, TOR Minerals has grown into a global supplier, with manufacturing and blending facilities strategically located in North America, South America, Europe and Asia Pacific.