Asahi Kasei Co. (OTCMKTS:AHKSY - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $13.64 and traded as low as $13.61. Asahi Kasei shares last traded at $13.63, with a volume of 10,201 shares.
Asahi Kasei Stock Performance
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's 50-day moving average price is $13.64 and its two-hundred day moving average price is $13.75. The stock has a market cap of $9.50 billion, a price-to-earnings ratio of 17.25 and a beta of 0.51.
Asahi Kasei (OTCMKTS:AHKSY - Get Free Report) last posted its 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 company had revenue of $5.36 billion for the quarter, compared to analyst estimates 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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