Free Trial

Asahi Glass (OTCMKTS:ASGLY) Shares Gap Up - Should You Buy?

Asahi Glass logo with Industrials background

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $5.51, but opened at $5.81. Asahi Glass shares last traded at $5.81, with a volume of 233 shares trading hands.

Asahi Glass Price Performance

The business's 50-day moving average price is $5.81 and its 200 day moving average price is $5.83. The company has a market capitalization of $6.11 billion, a P/E ratio of -14.05 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 announced its earnings results on Monday, May 12th. The company reported $0.04 earnings per share (EPS) for the quarter. Asahi Glass had a negative net margin of 3.10% and a negative return on equity of 3.91%. The company 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

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

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

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

Featured Articles and Offers

Recent Videos

The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025
3 Defense Stocks Under $10 With Massive Upside

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines