Asahi Glass (OTCMKTS:ASGLY) Releases Quarterly Earnings Results

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

Asahi Glass Price Performance

ASGLY traded down $0.10 on Friday, hitting $6.23. 6,185 shares of the stock were exchanged, compared to its average volume of 5,867. The firm has a market capitalization of $6.77 billion, a price-to-earnings ratio of 11.33 and a beta of 0.54. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.38 and a quick ratio of 0.71. Asahi Glass has a 12 month low of $5.90 and a 12 month high of $10.69. The business has a 50-day moving average of $7.10 and a two-hundred day moving average of $7.60.

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.