Free Trial

Asahi Glass (OTCMKTS:ASGLY) Shares Gap Down - Should You Sell?

Asahi Glass logo with Industrials background

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report) shares gapped down prior to trading 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.

Asahi Glass Stock Down 0.4%

The company has a fifty day simple moving average of $5.78 and a 200-day simple moving average of $5.83. The firm has a market cap of $6.26 billion, a P/E ratio of -14.40 and a beta of 0.36. 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 (OTCMKTS:ASGLY - Get Free Report) last posted its earnings results on Monday, May 12th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $3.28 billion during the quarter. Asahi Glass had a negative return on equity of 3.91% and a negative net margin of 3.10%.

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Asahi Glass Right Now?

Before you consider Asahi Glass, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Asahi Glass wasn't on the list.

While Asahi Glass currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

2025 Gold Forecast: A Perfect Storm for Demand Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines