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

Asahi Glass logo with Industrials background

Key Points

  • Asahi Glass shares opened at $6.58, up from their previous close of $6.29, with a total trading volume of 2,712 shares.
  • The company's latest earnings report revealed earnings per share of $0.05 with a revenue of $3.43 billion for the quarter.
  • Asahi Glass has a market cap of $7.15 billion, a PE ratio of 29.89, and a debt-to-equity ratio of 0.25.
  • Five stocks to consider instead of Asahi Glass.

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $6.29, but opened at $6.58. Asahi Glass shares last traded at $6.58, with a volume of 2,712 shares traded.

Asahi Glass Price Performance

The stock has a 50 day simple moving average of $6.03 and a 200-day simple moving average of $5.93. The company has a current ratio of 1.33, a quick ratio of 0.70 and a debt-to-equity ratio of 0.25. The firm has a market cap of $7.15 billion, a PE ratio of 29.89 and a beta of 0.39.

Asahi Glass (OTCMKTS:ASGLY - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.05 earnings per share for the quarter. Asahi Glass had a net margin of 1.67% and a return on equity of 2.12%. The business had revenue of $3.43 billion for the quarter.

Asahi Glass Company Profile

(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

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