Asahi Glass (OTCMKTS:ASGLY) Stock Falls 6.8% – Should You Sell?

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY – Get Free Report) fell 6.8% during trading on Monday. The company traded as low as $5.90 and last traded at $5.90. 1,343 shares were traded during trading, a decline of 76% from the average session volume of 5,683 shares. The stock had previously closed at $6.33.

Asahi Glass Stock Performance

The company has a market cap of $6.52 billion, a P/E ratio of 15.79 and a beta of 0.54. The company’s 50-day moving average is $7.10 and its two-hundred day moving average is $7.60. The company has a quick ratio of 0.71, a current ratio of 1.38 and a debt-to-equity ratio of 0.24.

Asahi Glass (OTCMKTS:ASGLY – Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported ($0.01) earnings per share (EPS) for the quarter. Asahi Glass had a net margin of 2.88% and a return on equity of 3.60%. The firm had revenue of $3.53 billion during the quarter. Equities analysts predict that Asahi Glass Co. Ltd. will post 0.51 EPS for the current year.

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