Asahi Glass (OTCMKTS:ASGLY) Shares Gap Down – What’s Next?

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $7.18, but opened at $6.89. Asahi Glass shares last traded at $6.89, with a volume of 2,107 shares traded.

Asahi Glass Stock Performance

The company has a market capitalization of $7.49 billion, a price-to-earnings ratio of 12.53 and a beta of 0.50. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.71 and a current ratio of 1.38. The business’s 50-day simple moving average is $7.21 and its 200-day simple moving average is $7.69.

About Asahi Glass

(Get Free Report)

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.

Further Reading

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