Asahi Glass (OTCMKTS:ASGLY) Shares Gap Up – Here’s What Happened

by · The Cerbat Gem

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY – Get Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $6.39, but opened at $6.6850. Asahi Glass shares last traded at $6.6850, with a volume of 169 shares traded.

Asahi Glass Stock Up 4.6%

The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.72 and a current ratio of 1.37. The company has a market cap of $7.27 billion, a price-to-earnings ratio of 20.26 and a beta of 0.43. The stock’s fifty day moving average is $6.58 and its two-hundred day moving average is $6.23.

Asahi Glass (OTCMKTS:ASGLY – Get Free Report) last released its quarterly earnings results on Friday, November 7th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $3.50 billion during the quarter. Asahi Glass had a return on equity of 3.19% and a net margin of 2.54%.

About Asahi Glass

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AGC Inc manufactures and sells glass, automotive, electronics, chemicals, and ceramics worldwide. The company offers architectural glass products, including laminated, insulating, wired, solar control, toughened, decorative, sound insulation, float and patterned, and industrial glasses; structural glazing systems; and automotive glass, such as laminated, tempered, and privacy glasses, as well as integrated glass antennas and module assembly windows.

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