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Asahi Glass (OTCMKTS:ASGLY) Shares Gap Up - Here's Why

Asahi Glass logo with Industrials background

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $5.75, but opened at $6.17. Asahi Glass shares last traded at $6.17, with a volume of 295 shares.

Asahi Glass Stock Up 7.2%

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 stock has a market cap of $6.71 billion, a price-to-earnings ratio of -15.43 and a beta of 0.36. The business's 50 day moving average is $5.74 and its 200 day moving average is $5.82.

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