Asahi Kasei Corp. (OTCMKTS:AHKSY – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 27,213 shares changed hands during mid-day trading, an increase of 20% from the previous session’s volume of 22,732 shares.The stock last traded at $23.63 and had previously closed at $23.7720.
Asahi Kasei Stock Down 0.3%
The company has a market capitalization of $16.39 billion, a PE ratio of 15.37 and a beta of 0.43. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.23 and a current ratio of 2.11. The firm has a fifty day simple moving average of $20.04 and a 200-day simple moving average of $17.60.
About Asahi Kasei
Asahi Kasei Corp., headquartered in Tokyo, is a diversified Japanese manufacturer with operations spanning chemicals, homes, health care and electronics. Established in 1931, the company has grown from its origins in ammonia production to become a global supplier of advanced materials and solutions. Its broad product portfolio serves customers across Asia, Europe and the Americas, emphasizing innovation in polymer science, life sciences and residential construction.
Within its material science division, Asahi Kasei produces performance plastics, synthetic fibers and specialty chemicals used in automotive, consumer goods and industrial applications.
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