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Asahi Glass (OTCMKTS:ASGLY) Sees Unusually-High Trading Volume - Should You Buy?

Asahi Glass logo with Industrial Products background

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report) shares saw an uptick in trading volume on Wednesday . 29,077 shares traded hands during trading, an increase of 362% from the previous session's volume of 6,299 shares.The stock last traded at $5.60 and had previously closed at $5.60.

Asahi Glass Stock Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.73 and a current ratio of 1.36. The stock has a 50-day moving average of $5.84 and a 200-day moving average of $5.86. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of -14.70 and a beta of 0.38.

Asahi Glass (OTCMKTS:ASGLY - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The company reported $0.04 EPS for the quarter. Asahi Glass had a negative net margin of 3.10% and a negative return on equity of 3.91%. The business had revenue of $3.28 billion for the quarter.

About Asahi Glass

(Get Free Report)

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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