TheStreet Lowers TOR Minerals International (TORM) to D+

TheStreet downgraded shares of TOR Minerals International (NASDAQ:TORM) from a c- rating to a d+ rating in a research note issued to investors on Wednesday, November 22nd.

Separately, ValuEngine cut shares of TOR Minerals International from a buy rating to a hold rating in a research report on Monday, August 28th.

Shares of TOR Minerals International (NASDAQ TORM) traded up $0.05 during midday trading on Wednesday, hitting $5.50. 8,726 shares of the company traded hands, compared to its average volume of 3,792. The company has a quick ratio of 1.83, a current ratio of 4.04 and a debt-to-equity ratio of 0.09. TOR Minerals International has a 12-month low of $5.15 and a 12-month high of $8.40.

TOR Minerals International (NASDAQ:TORM) last posted its earnings results on Thursday, October 26th. The specialty chemicals company reported ($0.09) earnings per share for the quarter. The business had revenue of $9.49 million for the quarter. TOR Minerals International had a negative net margin of 0.72% and a negative return on equity of 0.99%.

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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.

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