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Asahi Glass (OTCMKTS:ASGLY) Shares Down 9.6% - Here's Why

Asahi Glass logo with Industrials background

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report)'s share price traded down 9.6% during trading on Friday . The company traded as low as $5.58 and last traded at $5.58. 644 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 6,417 shares. The stock had previously closed at $6.17.

Asahi Glass Trading Up 4.4%

The stock has a market cap of $6.37 billion, a PE ratio of -14.65 and a beta of 0.36. 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 fifty day moving average price of $5.76 and a 200 day moving average price of $5.82.

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

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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