Shares of Asahi Kasei Co. (OTCMKTS:AHKSY - Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.13 and traded as low as $13.69. Asahi Kasei shares last traded at $13.79, with a volume of 51,039 shares traded.
Asahi Kasei Price Performance
The company has a market capitalization of $9.61 billion, a price-to-earnings ratio of 19.70 and a beta of 0.65. The business has a 50 day moving average price of $14.13 and a 200-day moving average price of $13.89. 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 (OTCMKTS:AHKSY - Get Free Report) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.27 earnings per share for the quarter. The firm had revenue of $5.07 billion during the quarter. Asahi Kasei had a net margin of 2.47% and a return on equity of 7.70%.
Asahi Kasei Company Profile
(
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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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