Asahi Glass (OTCMKTS:ASGLY) Hits New 12-Month High – Here’s Why

Shares of Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) hit a new 52-week high during trading on Tuesday . The stock traded as high as $9.00 and last traded at $9.00, with a volume of 1939 shares. The stock had previously closed at $7.75.

Asahi Glass Stock Performance

The stock has a market capitalization of $9.51 billion, a P/E ratio of 16.51 and a beta of 0.40. The firm has a 50-day moving average of $7.27 and a 200 day moving average of $7.23. The company has a quick ratio of 0.72, a current ratio of 1.39 and a debt-to-equity ratio of 0.25.

Asahi Glass (OTCMKTS:ASGLY) last issued its earnings results on Tuesday, May 12th. The company reported $0.14 EPS for the quarter. The firm had revenue of $3.43 billion during the quarter. Asahi Glass had a return on equity of 4.99% and a net margin of 4.04%.Asahi Glass has set its FY 2026 guidance at 0.460-0.460 EPS. Research analysts anticipate that Asahi Glass Co. Ltd. will post 0.46 EPS for the current fiscal year.

About Asahi Glass

Asahi Glass Co, Ltd., operating under the global brand AGC Inc, is a leading manufacturer of glass, chemicals and high‐performance materials. The company’s core business includes architectural and automotive glass, display glass for liquid crystal displays and semiconductor fabrication equipment, as well as fluorochemicals, ceramics and specialty materials. Through these diverse product lines, Asahi Glass serves markets ranging from construction and automotive to electronics and chemical processing.

Founded in 1907 as Japan’s first sheet glass producer, Asahi Glass has grown into a multinational enterprise with operations spanning Asia, Europe, North America and beyond.