AGC Inc. (OTCMKTS:ASGLY) Sees Significant Decline in Short Interest

AGC Inc. (OTCMKTS:ASGLY) was the target of a large decline in short interest in October. As of October 31st, there was short interest totalling 1,500 shares, a decline of 11.8% from the October 15th total of 1,700 shares. Based on an average daily volume of 10,600 shares, the short-interest ratio is presently 0.1 days.

AGC Price Performance

ASGLY opened at $5.91 on Friday. AGC has a 1 year low of $5.50 and a 1 year high of $7.68. The firm has a 50 day moving average price of $6.19 and a 200 day moving average price of $6.47. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.79 and a current ratio of 1.47. The company has a market cap of $6.43 billion, a PE ratio of -9.85 and a beta of 0.59.

AGC (OTCMKTS:ASGLY) last released its quarterly earnings data on Friday, November 1st. The company reported $0.05 earnings per share (EPS) for the quarter. AGC had a negative net margin of 4.58% and a negative return on equity of 5.53%. The company had revenue of $3.49 billion during the quarter. Sell-side analysts expect that AGC will post 0.6 earnings per share for the current year.

About AGC

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.