Asahi Kasei Co. (OTCMKTS:AHKSY - Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.81 and traded as low as $13.53. Asahi Kasei shares last traded at $13.60, with a volume of 27,760 shares changing hands.
Asahi Kasei Trading Down 0.7%
The company has a quick ratio of 0.99, a current ratio of 1.69 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $9.50 billion, a P/E ratio of 17.25 and a beta of 0.51. The firm's 50 day simple moving average is $13.75 and its two-hundred day simple moving average is $13.79.
Asahi Kasei (OTCMKTS:AHKSY - Get Free Report) last posted its quarterly earnings results on Friday, May 9th. The company reported $0.35 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $5.21 billion.
About Asahi Kasei
(
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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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