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Asahi Kasei (OTCMKTS:AHKSY) Releases Quarterly Earnings Results

Asahi Kasei logo with Basic Materials background

Asahi Kasei (OTCMKTS:AHKSY - Get Free Report) issued its earnings results on Wednesday. The company reported $0.29 earnings per share (EPS) for the quarter, Zacks reports. Asahi Kasei had a return on equity of 7.90% and a net margin of 2.77%.

Asahi Kasei Trading Down 1.4 %

Shares of AHKSY stock traded down $0.19 on Friday, hitting $13.10. 58,841 shares of the company's stock traded hands, compared to its average volume of 54,805. The stock has a market capitalization of $9.13 billion, a price-to-earnings ratio of 9.36 and a beta of 0.64. The company's fifty day simple moving average is $13.68 and its 200 day simple moving average is $13.98. Asahi Kasei has a one year low of $12.14 and a one year high of $15.80. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.92 and a current ratio of 1.62.

Asahi Kasei Company Profile

(Get Free Report)

Asahi Kasei Corporation manufactures and sells chemicals. It offers caustic soda, chemical fertilizers, nitric acid, ammonia, acrylonitrile, methyl methacrylate, styrene, adipic acid, hexamethylene diamine, AH salt, propionitrile, sodium cyanide, acetonitrile, methacrylonitrile, cyclohexyl methacrylate, polyethylenes, polyethylenes powder, PMMA resin, polystyrene, polybutadiene rubbers, styrene/butadiene rubbers, clear styrenic copolymer, styrenic thermoplastic elastomer, hydrogenated styrenic elastomers, membranes and systems, functional materials, foams, purging compound, polyisocyanates, polycarbonatediol, aluminum paste, latex, photopolymers and platemaking systems, films, cyclohexanol, cyclohexane, and cyclohexene.

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Earnings History for Asahi Kasei (OTCMKTS:AHKSY)

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