Asahi Kasei Co. (OTCMKTS:AHKSY – Get Free Report) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 47,400 shares, an increase of 930.4% from the March 31st total of 4,600 shares. Based on an average trading volume of 55,100 shares, the short-interest ratio is currently 0.9 days.
Asahi Kasei Stock Performance
Shares of Asahi Kasei stock traded down $0.46 during trading hours on Thursday, reaching $13.73. The company had a trading volume of 19,773 shares, compared to its average volume of 23,476. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.01. The firm has a market cap of $9.89 billion, a PE ratio of -12.15 and a beta of 0.66. Asahi Kasei has a one year low of $11.80 and a one year high of $15.56. The business has a fifty day simple moving average of $14.35 and a 200 day simple moving average of $14.02.
Asahi Kasei (OTCMKTS:AHKSY – Get Free Report) last released its quarterly earnings results on Wednesday, February 7th. The company reported $0.24 EPS for the quarter. The company had revenue of $4.86 billion during 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
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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