Asahi Glass (OTCMKTS:ASGLY) Posts Earnings Results

Key Points

• Asahi Glass (OTCMKTS:ASGLY) reported earnings of $0.05 per share in its latest quarterly results, accompanied by a negative return on equity of 3.91% and a negative net margin of 3.10%.
• The company's stock opened at $6.10 and has a market capitalization of $6.63 billion, with a price-to-earnings ratio of -15.24.
• Asahi Glass manufactures a variety of products including architectural and automotive glass, and has a quick ratio of 0.73 and a current ratio of 1.36.

Asahi Glass (OTCMKTS:ASGLY - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.05 earnings per share for the quarter, Zacks reports. Asahi Glass had a negative return on equity of 3.91% and a negative net margin of 3.10%.

Asahi Glass Stock Performance

OTCMKTS ASGLY opened at $6.10 on Friday. Asahi Glass has a fifty-two week low of $5.21 and a fifty-two week high of $6.80. The stock has a market cap of $6.63 billion, a price-to-earnings ratio of -15.24 and a beta of 0.38. The business has a fifty day moving average of $5.82 and a 200-day moving average of $5.85. The company has a quick ratio of 0.73, a current ratio of 1.36 and a debt-to-equity ratio of 0.25.

Asahi Glass Company Profile

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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