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Asahi Glass (OTCMKTS:ASGLY) Shares Gap Down - Here's Why

Asahi Glass logo with Industrials background

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $5.73, but opened at $5.51. Asahi Glass shares last traded at $5.51, with a volume of 800 shares changing hands.

Asahi Glass Price Performance

The company has a fifty day moving average price of $5.84 and a 200 day moving average price of $5.84. The company has a market cap of $6.22 billion, a PE ratio of -14.31 and a beta of 0.38. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.36 and a quick ratio of 0.73.

Asahi Glass (OTCMKTS:ASGLY - Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $3.28 billion for the quarter.

Asahi Glass Company Profile

(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.

Further Reading

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