Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) Short Interest Update

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 5,965 shares, a growth of 59.1% from the November 30th total of 3,749 shares. Based on an average daily trading volume, of 3,235 shares, the short-interest ratio is presently 1.8 days. Based on an average daily trading volume, of 3,235 shares, the short-interest ratio is presently 1.8 days.

Asahi Glass Price Performance

Shares of OTCMKTS ASGLY opened at $6.74 on Monday. The company has a current ratio of 1.37, a quick ratio of 0.72 and a debt-to-equity ratio of 0.26. Asahi Glass has a 12 month low of $5.21 and a 12 month high of $6.99. The stock has a 50 day moving average of $6.65 and a 200-day moving average of $6.32.

Asahi Glass (OTCMKTS:ASGLY) last posted its quarterly earnings results on Friday, November 7th. The company reported $0.16 earnings per share for the quarter. Asahi Glass had a return on equity of 3.19% and a net margin of 2.54%.The business had revenue of $3.50 billion for the quarter.

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.