Asahi Kasei Co. (OTCMKTS:AHKSY - Get Free Report) saw a significant decrease in short interest in April. As of April 30th, there was short interest totalling 8,400 shares, a decrease of 82.3% from the April 15th total of 47,400 shares. Based on an average daily trading volume, of 52,200 shares, the short-interest ratio is currently 0.2 days.
Asahi Kasei Stock Down 5.9 %
Shares of AHKSY traded down $0.87 on Friday, reaching $13.76. The stock had a trading volume of 10,936 shares, compared to its average volume of 22,042. The company has a 50-day simple moving average of $14.41 and a 200-day simple moving average of $14.14. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.01 and a current ratio of 1.70. The firm has a market capitalization of $9.59 billion, a price-to-earnings ratio of -12.95 and a beta of 0.67. Asahi Kasei has a 12-month low of $11.80 and a 12-month high of $15.56.
Asahi Kasei (OTCMKTS:AHKSY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.24 earnings per share (EPS) for the quarter. Asahi Kasei had a negative net margin of 4.01% and a positive return on equity of 4.00%. The company had revenue of $4.86 billion during the quarter.
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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