Asahi Kasei Corp. (OTCMKTS:AHKSY - Get Free Report)'s share price gapped up before the market opened on Thursday . The stock had previously closed at $13.75, but opened at $14.41. Asahi Kasei shares last traded at $14.27, with a volume of 914 shares changing hands.
Analyst Upgrades and Downgrades
Separately, CLSA cut shares of Asahi Kasei from a "moderate buy" rating to a "hold" rating in a report on Thursday, June 5th.
Check Out Our Latest Report on AHKSY
Asahi Kasei Stock Performance
The company has a current ratio of 1.83, a quick ratio of 1.09 and a debt-to-equity ratio of 0.46. The firm's fifty day moving average price is $13.71 and its 200 day moving average price is $13.65. The firm has a market capitalization of $9.79 billion, a PE ratio of 11.06 and a beta of 0.48.
Asahi Kasei (OTCMKTS:AHKSY - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.14. Asahi Kasei had a net margin of 4.44% and a return on equity of 7.03%. The business had revenue of $5.36 billion during the quarter, compared to analyst estimates of $5.21 billion.
About Asahi Kasei
(
Get Free Report)
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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