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Asahi Glass (OTCMKTS:ASGLY) Shares Gap Down - Time to Sell?

Asahi Glass logo with Industrials background

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $5.92, but opened at $5.71. Asahi Glass shares last traded at $5.73, with a volume of 723 shares changing hands.

Asahi Glass Price 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 company has a market cap of $6.47 billion, a price-to-earnings ratio of -14.88 and a beta of 0.36. The business has a fifty day moving average price of $5.76 and a 200 day moving average price of $5.82.

Asahi Glass (OTCMKTS:ASGLY - Get Free Report) last issued its earnings results on Monday, May 12th. The company reported $0.04 EPS 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.

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