Asahi Kasei Co. (OTCMKTS:AHKSY - Get Free Report)'s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $14.31 and traded as high as $14.52. Asahi Kasei shares last traded at $14.03, with a volume of 39,736 shares changing hands.
Asahi Kasei Stock 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 market capitalization of $9.79 billion, a price-to-earnings ratio of 31.20 and a beta of 0.65. The firm has a 50-day simple moving average of $14.34 and a two-hundred day simple moving average of $13.75.
Asahi Kasei (OTCMKTS:AHKSY - Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported $0.36 earnings per share for the quarter. Asahi Kasei had a net margin of 2.36% and a return on equity of 7.00%. The firm had revenue of $4.72 billion for the quarter.
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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