Asahi Kasei Co. (OTCMKTS:AHKSY - Get Free Report)'s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $13.73 and traded as high as $14.31. Asahi Kasei shares last traded at $13.74, with a volume of 120,307 shares traded.
Asahi Kasei Stock Performance
The business's 50-day simple moving average is $13.69 and its 200 day simple moving average is $13.75. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.99 and a current ratio of 1.69. The firm has a market cap of $9.93 billion, a P/E ratio of 18.03 and a beta of 0.51.
Asahi Kasei (OTCMKTS:AHKSY - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.14. Asahi Kasei had a net margin of 2.77% and a return on equity of 7.85%. The firm had revenue of $5.36 billion for the quarter, compared to analysts' expectations of $5.21 billion.
Asahi Kasei Company Profile
(
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Asahi Kasei Corporation manufactures and sells chemicals. It offers caustic soda, chemical fertilizers, nitric acid, ammonia, acrylonitrile, methyl methacrylate, styrene, adipic acid, hexamethylene diamine, AH salt, propionitrile, sodium cyanide, acetonitrile, methacrylonitrile, cyclohexyl methacrylate, polyethylenes, polyethylenes powder, PMMA resin, polystyrene, polybutadiene rubbers, styrene/butadiene rubbers, clear styrenic copolymer, styrenic thermoplastic elastomer, hydrogenated styrenic elastomers, membranes and systems, functional materials, foams, purging compound, polyisocyanates, polycarbonatediol, aluminum paste, latex, photopolymers and platemaking systems, films, cyclohexanol, cyclohexane, and cyclohexene.
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