Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) Short Interest Down 65.8% in September

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 2,500 shares, a decrease of 65.8% from the August 31st total of 7,300 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 0.5 days.

Asahi Glass Price Performance

Shares of OTCMKTS ASGLY opened at $6.50 on Thursday. The stock has a market cap of $7.07 billion, a price-to-earnings ratio of 29.55 and a beta of 0.42. Asahi Glass has a 52 week low of $5.21 and a 52 week high of $6.76. The company’s 50-day moving average price is $6.30 and its 200 day moving average price is $5.99. The company has a current ratio of 1.33, a quick ratio of 0.70 and a debt-to-equity ratio of 0.25.

Asahi Glass (OTCMKTS:ASGLY) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.05 EPS for the quarter. The firm had revenue of $3.43 billion for the quarter. Asahi Glass had a net margin of 1.67% and a return on equity of 2.12%.

Asahi Glass Company Profile

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.