Asahi Glass (OTCMKTS:ASGLY) Announces Earnings Results

Asahi Glass (OTCMKTS:ASGLY) released its quarterly earnings data on Thursday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $3.53 billion during the quarter. Asahi Glass had a return on equity of 5.28% and a net margin of 4.22%.

Asahi Glass Price Performance

Shares of OTCMKTS ASGLY traded down $0.10 during trading on Friday, hitting $6.23. 6,185 shares of the company were exchanged, compared to its average volume of 5,867. The company has a market cap of $6.77 billion, a price-to-earnings ratio of 11.33 and a beta of 0.54. Asahi Glass has a 1 year low of $5.90 and a 1 year high of $10.69. The firm’s fifty day moving average price is $7.10 and its 200 day moving average price is $7.60. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.38 and a quick ratio of 0.71.

About Asahi Glass

Asahi Glass Co, Ltd., now known as AGC Inc, is a Japanese materials manufacturer with businesses spanning glass, chemicals, ceramics and electronics. The company produces architectural and automotive glass, display glass for electronic devices, specialty glass, and related materials used in construction, transportation and industrial applications.

AGC also manufactures chemicals, including chlor-alkali products, fluorochemicals and other materials used in sectors such as life sciences, mobility, energy and electronics.