Asahi Kasei Co. (OTCMKTS:AHKSY - Get Free Report) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 4,500 shares, a decrease of 68.8% from the September 15th total of 14,400 shares. Based on an average daily volume of 24,500 shares, the days-to-cover ratio is presently 0.2 days.
Asahi Kasei Stock Up 1.2 %
AHKSY traded up $0.17 on Thursday, reaching $14.68. 85,571 shares of the company traded hands, compared to its average volume of 47,101. Asahi Kasei has a 52-week low of $11.86 and a 52-week high of $15.80. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.80 and a quick ratio of 1.06. The company has a market cap of $10.23 billion, a price-to-earnings ratio of 32.62 and a beta of 0.65. The stock's 50 day moving average price is $14.20 and its 200-day moving average price is $13.77.
Asahi Kasei (OTCMKTS:AHKSY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.36 earnings per share (EPS) for the quarter. Asahi Kasei had a return on equity of 7.00% and a net margin of 2.36%. The business had revenue of $4.72 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.
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