Shares of Asahi Kasei Corp. (OTCMKTS:AHKSY – Get Free Report) crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $21.18 and traded as high as $21.47. Asahi Kasei shares last traded at $20.6676, with a volume of 21,452 shares trading hands.
Asahi Kasei Stock Up 2.5%
The business’s 50 day moving average is $21.08 and its 200 day moving average is $21.05. The company has a quick ratio of 1.12, a current ratio of 2.01 and a debt-to-equity ratio of 0.42. The company has a market cap of $14.50 billion, a P/E ratio of 11.88 and a beta of 0.53.
Asahi Kasei Company Profile
Asahi Kasei Corporation is a diversified Japanese company founded in 1922 and headquartered in Tokyo. The company operates across the Materials, Homes and Health Care business sectors, serving customers in Japan and international markets.
Its Materials businesses produce products such as performance polymers, synthetic resins, coatings materials, electronic materials, battery separators and other specialty chemicals used in automobiles, electronics, packaging, construction and industrial applications.
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