Asahi Glass (OTCMKTS:ASGLY) Shares Gap Down - What's Next?

Key Points

• Asahi Glass Co. Ltd. shares gapped down from a previous close of $6.76 to open at $6.36 on Tuesday, with a trading volume of 328 shares.
• The company reported a net margin of 1.67% and a return on equity of 2.12%, alongside a price-to-earnings ratio of 28.59 for its last quarter.
• Asahi Glass has a market capitalization of $6.84 billion and operates in multiple sectors including glass, automotive, electronics, chemicals, and ceramics.

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $6.76, but opened at $6.36. Asahi Glass shares last traded at $6.36, with a volume of 328 shares changing hands.

Asahi Glass Stock Performance

The company has a 50 day moving average price of $6.34 and a 200 day moving average price of $6.00. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.70 and a current ratio of 1.33. The company has a market capitalization of $6.84 billion, a price-to-earnings ratio of 28.59 and a beta of 0.42.

Asahi Glass (OTCMKTS:ASGLY - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.05 EPS for the quarter. The firm had revenue of $3.43 billion during the quarter. Asahi Glass had a return on equity of 2.12% and a net margin of 1.67%.

Asahi Glass Company Profile

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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