Shares of Asahi Kasei Co. (OTCMKTS:AHKSY - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $14.44 and traded as high as $14.98. Asahi Kasei shares last traded at $14.65, with a volume of 22,248 shares traded.
Asahi Kasei Price Performance
The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.06 and a current ratio of 1.80. The company has a 50 day moving average price of $14.44 and a two-hundred day moving average price of $13.73.
Asahi Kasei (OTCMKTS:AHKSY - Get Free Report) last announced its earnings results on Friday, November 1st. The company reported $0.27 earnings per share for the quarter. Asahi Kasei had a return on equity of 7.65% and a net margin of 2.47%. The business had revenue of $5.07 billion during the quarter.
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.
Recommended Stories
Before you consider Asahi Kasei, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Asahi Kasei wasn't on the list.
While Asahi Kasei currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
