Asahi Glass (OTCMKTS:ASGLY) Hits New 52-Week High – What’s Next?

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $6.76 and last traded at $6.76, with a volume of 1380 shares trading hands. The stock had previously closed at $6.42.

Asahi Glass Stock Performance

The stock has a market capitalization of $7.35 billion, a PE ratio of 30.74 and a beta of 0.42. The stock has a fifty day moving average of $6.32 and a 200-day moving average of $5.99. The company has a quick ratio of 0.70, a current ratio of 1.33 and a debt-to-equity ratio of 0.25.

Asahi Glass (OTCMKTS:ASGLY) last released its earnings results on Thursday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $3.43 billion during the quarter. Asahi Glass had a return on equity of 2.12% and a net margin of 1.67%.

About Asahi Glass

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.