Asahi Glass (OTCMKTS:ASGLY) Shares Gap Down – Here’s What Happened

Asahi Glass Co. Ltd. (OTCMKTS:ASGLYGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $6.99, but opened at $6.62. Asahi Glass shares last traded at $6.62, with a volume of 106 shares.

Asahi Glass Price Performance

The business has a fifty day moving average of $6.51 and a 200-day moving average of $6.13. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.70 and a current ratio of 1.33. The firm has a market capitalization of $7.20 billion, a P/E ratio of 30.09 and a beta of 0.45.

Asahi Glass (OTCMKTS:ASGLYGet Free Report) last issued its quarterly earnings results on Friday, November 7th. The company reported $0.16 EPS for the quarter. The company had revenue of $3.50 billion for the quarter. Asahi Glass had a return on equity of 2.12% and a net margin of 1.67%.

About Asahi Glass

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AGC Inc manufactures and sells glass, automotive, electronics, chemicals, and ceramics worldwide. The company offers architectural glass products, including laminated, insulating, wired, solar control, toughened, decorative, sound insulation, float and patterned, and industrial glasses; structural glazing systems; and automotive glass, such as laminated, tempered, and privacy glasses, as well as integrated glass antennas and module assembly windows.

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