AGC Inc. (OTCMKTS:ASGLY) Sees Large Increase in Short Interest

AGC Inc. (OTCMKTS:ASGLY) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,900 shares, a growth of 93.3% from the October 31st total of 1,500 shares. Based on an average daily volume of 15,100 shares, the short-interest ratio is presently 0.2 days.

AGC Price Performance

Shares of OTCMKTS ASGLY traded up $0.01 during midday trading on Friday, hitting $6.07. The company had a trading volume of 8,076 shares, compared to its average volume of 9,769. The business has a 50-day simple moving average of $6.18 and a two-hundred day simple moving average of $6.39. The company has a quick ratio of 0.78, a current ratio of 1.43 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $6.60 billion, a price-to-earnings ratio of -10.12 and a beta of 0.59. AGC has a twelve month low of $5.50 and a twelve month high of $7.68.

AGC (OTCMKTS:ASGLY) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.05 earnings per share for the quarter. The business had revenue of $3.49 billion during the quarter. AGC had a negative net margin of 4.58% and a negative return on equity of 5.62%. Equities research analysts anticipate that AGC will post 0.6 earnings per share for the current year.

About AGC

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.