Asahi Glass (OTCMKTS:ASGLY) Releases Earnings Results

Asahi Glass (OTCMKTS:ASGLY) released its quarterly earnings results on Thursday. The company reported ($0.01) EPS for the quarter, Zacks reports. The company had revenue of $3.53 billion for the quarter. Asahi Glass had a return on equity of 5.28% and a net margin of 4.22%.

Asahi Glass Price Performance

Shares of ASGLY traded down $0.10 during midday trading on Friday, reaching $6.23. The stock had a trading volume of 6,185 shares, compared to its average volume of 5,867. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.38 and a quick ratio of 0.71. The company has a market capitalization of $6.77 billion, a P/E ratio of 11.33 and a beta of 0.54. The firm’s 50 day moving average price is $7.10 and its 200-day moving average price is $7.60. Asahi Glass has a 52 week low of $5.90 and a 52 week high of $10.69.

Asahi Glass Company Profile

Asahi Glass Co, Ltd., now known as AGC Inc, is a Japanese materials manufacturer with businesses spanning glass, chemicals, ceramics and electronics. The company produces architectural and automotive glass, display glass for electronic devices, specialty glass, and related materials used in construction, transportation and industrial applications.

AGC also manufactures chemicals, including chlor-alkali products, fluorochemicals and other materials used in sectors such as life sciences, mobility, energy and electronics.