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

AGC Inc. (OTCMKTS:ASGLY) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 18,000 shares, an increase of 520.7% from the November 15th total of 2,900 shares. Based on an average daily trading volume, of 22,300 shares, the short-interest ratio is presently 0.8 days.

AGC Price Performance

Shares of OTCMKTS:ASGLY traded down $0.05 during midday trading on Wednesday, reaching $6.07. 4,231 shares of the company were exchanged, compared to its average volume of 4,011. The stock has a market cap of $6.60 billion, a PE ratio of -10.12 and a beta of 0.59. The business’s fifty day moving average is $6.17 and its two-hundred day moving average is $6.34. AGC has a one year low of $5.50 and a one year high of $7.68. The company has a current ratio of 1.43, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26.

AGC (OTCMKTS:ASGLY) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.05 earnings per share for the quarter. AGC had a negative return on equity of 5.62% and a negative net margin of 4.58%. The firm had revenue of $3.49 billion during the quarter.

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.