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

Asahi Glass logo with Industrials background

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $5.78, but opened at $5.60. Asahi Glass shares last traded at $5.60, with a volume of 14,102 shares changing hands.

Asahi Glass Stock Down 9.0%

The firm has a 50 day moving average of $5.76 and a two-hundred day moving average of $5.82. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.73 and a current ratio of 1.36.

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

Further Reading

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