Asahi Kasei Co. (OTCMKTS:AHKSY) Short Interest Update

Asahi Kasei Co. (OTCMKTS:AHKSY) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 47,400 shares, an increase of 930.4% from the March 31st total of 4,600 shares. Based on an average daily trading volume, of 55,100 shares, the short-interest ratio is currently 0.9 days.

Asahi Kasei Trading Down 3.2 %

Shares of Asahi Kasei stock traded down $0.46 on Thursday, hitting $13.73. 19,773 shares of the company’s stock traded hands, compared to its average volume of 23,476. The company has a market capitalization of $9.89 billion, a price-to-earnings ratio of -12.15 and a beta of 0.66. The company has a fifty day moving average of $14.35 and a two-hundred day moving average of $14.02. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.01. Asahi Kasei has a one year low of $11.80 and a one year high of $15.56.

Asahi Kasei (OTCMKTS:AHKSY) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $0.24 EPS for the quarter. Asahi Kasei had a negative net margin of 4.01% and a positive return on equity of 4.00%. The company had revenue of $4.86 billion during the quarter.

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.