Asahi Glass (OTCMKTS:ASGLY) Shares Gap Up – Still a Buy?

Asahi Glass Co. Ltd. (OTCMKTS:ASGLYGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $6.16, but opened at $6.6650. Asahi Glass shares last traded at $6.6650, with a volume of 2,182 shares traded.

Asahi Glass Stock Up 4.2%

The firm has a market cap of $7.56 billion, a PE ratio of 31.59 and a beta of 0.45. The company has a 50-day simple moving average of $6.45 and a 200-day simple moving average of $6.09. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.33 and a quick ratio of 0.70.

Asahi Glass (OTCMKTS:ASGLYGet Free Report) last issued its quarterly earnings results on Friday, November 7th. The company reported $0.16 earnings per share (EPS) for the quarter. Asahi Glass had a return on equity of 2.12% and a net margin of 1.67%.

About Asahi Glass

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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.

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