Asahi Glass Co. Ltd. (OTCMKTS:ASGLY – Get Free Report) shares fell 7% during mid-day trading on Tuesday . The company traded as low as $7.09 and last traded at $7.09. Approximately 703 shares were traded during mid-day trading, a decline of 89% from the average session volume of 6,394 shares. The stock had previously closed at $7.62.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Asahi Glass to a “hold” rating in a research report on Wednesday, June 17th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.
Get Our Latest Stock Report on ASGLY
Asahi Glass Stock Down 7.2%
Asahi Glass (OTCMKTS:ASGLY – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $3.43 billion during the quarter. Asahi Glass had a return on equity of 5.02% and a net margin of 4.04%.Asahi Glass has set its FY 2026 guidance at 0.460-0.460 EPS. On average, analysts anticipate that Asahi Glass Co. Ltd. will post 0.55 earnings per share 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.
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