Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) Short Interest Down 65.8% in September

Key Points

• Asahi Glass Co. Ltd. experienced a significant 65.8% decrease in short interest in September, dropping from 7,300 shares to 2,500 shares.
• The stock is currently trading at $6.50 with a market cap of $7.07 billion and a P/E ratio of 29.55.
• In its latest quarterly earnings report, Asahi Glass reported $0.05 EPS and revenue of $3.43 billion for the quarter ending August 7th.

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 2,500 shares, a decrease of 65.8% from the August 31st total of 7,300 shares. Based on an average daily trading volume, of 5,400 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 5,400 shares, the days-to-cover ratio is currently 0.5 days.

Asahi Glass Stock Up 0.2%

Shares of Asahi Glass stock opened at $6.50 on Thursday. The company has a market cap of $7.07 billion, a P/E ratio of 29.55 and a beta of 0.42. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.70 and a current ratio of 1.33. Asahi Glass has a one year low of $5.21 and a one year high of $6.76. The firm has a fifty day moving average of $6.30 and a two-hundred day moving average of $5.99.

Asahi Glass (OTCMKTS:ASGLY - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.05 EPS for the quarter. The company had revenue of $3.43 billion during the quarter. Asahi Glass had a net margin of 1.67% and a return on equity of 2.12%.

About Asahi Glass

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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