Asahi Kasei (OTCMKTS:AHKSY) Shares Pass Above 50 Day Moving Average - Time to Sell?

Asahi Kasei Co. (OTCMKTS:AHKSY - Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $13.50 and traded as high as $14.21. Asahi Kasei shares last traded at $14.16, with a volume of 49,126 shares traded.

Asahi Kasei Stock Performance

The company's 50-day moving average price is $13.51 and its 200 day moving average price is $14.01. The stock has a market capitalization of $9.83 billion, a PE ratio of 17.86 and a beta of 0.55. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.99 and a current ratio of 1.69.

Asahi Kasei (OTCMKTS:AHKSY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.29 EPS for the quarter. Asahi Kasei had a net margin of 2.77% and a return on equity of 7.85%.

Asahi Kasei Company Profile

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.