Asahi Glass (OTCMKTS:ASGLY) Shares Up 6.9% - Here's What Happened

Key Points

• Shares rose 6.9% to $7.37 on Friday, but trading was very thin (368 shares, down ~92% versus the average session volume).
• Asahi Glass reported quarterly EPS of $0.18 on $3.55 billion in revenue and issued FY 2025 EPS guidance of 0.470.
• The company has a market capitalization of $7.81 billion and a P/E of 16.7, with low leverage (debt-to-equity 0.25) and modest liquidity (current ratio 1.39, quick ratio 0.72).

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report) shot up 6.9% during trading on Friday . The stock traded as high as $7.37 and last traded at $7.37. 368 shares were traded during mid-day trading, a decline of 92% from the average session volume of 4,827 shares. The stock had previously closed at $6.8960.

Asahi Glass Price Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.72 and a current ratio of 1.39. The firm has a market capitalization of $7.81 billion, a P/E ratio of 16.70 and a beta of 0.45. The company has a 50-day moving average price of $7.61 and a 200-day moving average price of $6.99.

Asahi Glass (OTCMKTS:ASGLY - Get Free Report) last posted its quarterly earnings results on Friday, February 6th. The company reported $0.18 earnings per share (EPS) for the quarter. Asahi Glass had a return on equity of 4.16% and a net margin of 3.34%.The business had revenue of $3.55 billion for the quarter. Asahi Glass has set its FY 2025 guidance at 0.470-0.470 EPS.

Asahi Glass Company Profile

Asahi Glass Co, Ltd., operating under the global brand AGC Inc, is a leading manufacturer of glass, chemicals and high‐performance materials. The company's core business includes architectural and automotive glass, display glass for liquid crystal displays and semiconductor fabrication equipment, as well as fluorochemicals, ceramics and specialty materials. Through these diverse product lines, Asahi Glass serves markets ranging from construction and automotive to electronics and chemical processing.

Founded in 1907 as Japan's first sheet glass producer, Asahi Glass has grown into a multinational enterprise with operations spanning Asia, Europe, North America and beyond.

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