Asahi Kasei (OTCMKTS:AHKSY) Shares Gap Up – Time to Buy?

Asahi Kasei Corp. (OTCMKTS:AHKSY – Get Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $20.6676, but opened at $21.5025. Asahi Kasei shares last traded at $21.1017, with a volume of 2,346 shares.

Asahi Kasei Price Performance

The stock has a market capitalization of $14.29 billion, a P/E ratio of 11.15 and a beta of 0.53. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.01 and a quick ratio of 1.12. The business’s 50 day moving average price is $21.13 and its 200 day moving average price is $21.05.

Asahi Kasei Company Profile

(Get Free Report)

Asahi Kasei Corporation is a diversified Japanese company founded in 1922 and headquartered in Tokyo. The company operates across the Materials, Homes and Health Care business sectors, serving customers in Japan and international markets.

Its Materials businesses produce products such as performance polymers, synthetic resins, coatings materials, electronic materials, battery separators and other specialty chemicals used in automobiles, electronics, packaging, construction and industrial applications.

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