Asahi Kasei Co. (OTCMKTS:AHKSY - Get Free Report) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 4,600 shares, a decline of 78.7% from the March 15th total of 21,600 shares. Based on an average daily trading volume, of 36,700 shares, the short-interest ratio is presently 0.1 days.
Asahi Kasei Price Performance
AHKSY stock remained flat at $14.74 during trading on Wednesday. The company had a trading volume of 23,295 shares, compared to its average volume of 21,471. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.01. Asahi Kasei has a 12 month low of $11.80 and a 12 month high of $15.56. The stock has a market cap of $10.18 billion, a PE ratio of -13.04 and a beta of 0.66. The business's fifty day moving average price is $14.36 and its 200-day moving average price is $13.90.
Asahi Kasei (OTCMKTS:AHKSY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.24 earnings per share (EPS) for the quarter. The company had revenue of $4.86 billion for the quarter. Asahi Kasei had a positive return on equity of 4.00% and a negative net margin of 4.01%.
Asahi Kasei Company Profile
(
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.
Featured Articles
Before you consider Asahi Kasei, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Asahi Kasei wasn't on the list.
While Asahi Kasei currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
