Asahi Glass (OTCMKTS:ASGLY) Shares Gap Down – Should You Sell?

Asahi Glass Co. Ltd. (OTCMKTS:ASGLYGet Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $6.80, but opened at $6.55. Asahi Glass shares last traded at $6.55, with a volume of 502 shares trading hands.

Asahi Glass Stock Performance

The company has a current ratio of 1.37, a quick ratio of 0.72 and a debt-to-equity ratio of 0.26. The company’s 50 day moving average is $6.58 and its 200-day moving average is $6.21.

Asahi Glass (OTCMKTS:ASGLYGet Free Report) last posted its quarterly earnings data on Friday, November 7th. The company reported $0.16 earnings per share for the quarter. The company had revenue of $3.50 billion during the quarter. Asahi Glass had a net margin of 2.54% and a return on equity of 3.19%.

Asahi Glass Company Profile

(Get Free Report)

AGC Inc manufactures and sells glass, automotive, electronics, chemicals, and ceramics worldwide. The company offers architectural glass products, including laminated, insulating, wired, solar control, toughened, decorative, sound insulation, float and patterned, and industrial glasses; structural glazing systems; and automotive glass, such as laminated, tempered, and privacy glasses, as well as integrated glass antennas and module assembly windows.

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