Resonac (OTCMKTS:SHWDY) Shares Gap Down – Should You Sell?

Posted by Stacy Sanders on Oct 29th, 2026

Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $108.87, but opened at $85.18. Resonac shares last traded at $85.18, with a volume of 205 shares trading hands.

Resonac Trading Up 6.2%

The company has a market cap of $16.63 billion, a price-to-earnings ratio of 47.39 and a beta of 0.76. The firm has a 50 day moving average price of $100.09 and a two-hundred day moving average price of $88.57. The company has a quick ratio of 1.14, a current ratio of 1.54 and a debt-to-equity ratio of 0.83.

Resonac (OTCMKTS:SHWDY – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.03 EPS for the quarter. The company had revenue of $2.32 billion for the quarter. Resonac had a return on equity of 7.54% and a net margin of 4.05%.

Resonac Company Profile

(Get Free Report)

Resonac Holdings Corporation is a Japan-based chemical and materials company formerly known as Showa Denko. The company was rebranded as Resonac in 2023 following the integration of Showa Denko and Showa Denko Materials, which was previously known as Hitachi Chemical.

Resonac develops and manufactures advanced materials and chemical products used in semiconductor and electronic applications, mobility, energy, and industrial markets. Its offerings include semiconductor packaging materials, silicon carbide and other semiconductor-related materials, graphite electrodes, battery materials, specialty chemicals, petrochemical products, and high-performance resins and films.

The company serves customers in Japan and international markets through a global manufacturing, research, and sales network.