Asahi Kasei Co. (OTCMKTS:AHKSY – Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 21,500 shares, an increase of 1,333.3% from the December 31st total of 1,500 shares. Based on an average daily volume of 89,300 shares, the short-interest ratio is presently 0.2 days.
Asahi Kasei Stock Performance
AHKSY opened at $13.46 on Wednesday. The company has a market capitalization of $9.38 billion, a price-to-earnings ratio of 19.23 and a beta of 0.65. The business’s 50-day moving average price is $13.80 and its two-hundred day moving average price is $13.99. Asahi Kasei has a 1 year low of $12.14 and a 1 year high of $15.80. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.62 and a quick ratio of 0.92.
Asahi Kasei (OTCMKTS:AHKSY – Get Free Report) last announced its earnings results on Friday, November 1st. The company reported $0.27 earnings per share (EPS) for the quarter. The business had revenue of $5.07 billion for the quarter. Asahi Kasei had a return on equity of 7.70% and a net margin of 2.47%.
About Asahi Kasei
Asahi Kasei Corporation manufactures and sells chemicals. It offers caustic soda, chemical fertilizers, nitric acid, ammonia, acrylonitrile, methyl methacrylate, styrene, adipic acid, hexamethylene diamine, AH salt, propionitrile, sodium cyanide, acetonitrile, methacrylonitrile, cyclohexyl methacrylate, polyethylenes, polyethylenes powder, PMMA resin, polystyrene, polybutadiene rubbers, styrene/butadiene rubbers, clear styrenic copolymer, styrenic thermoplastic elastomer, hydrogenated styrenic elastomers, membranes and systems, functional materials, foams, purging compound, polyisocyanates, polycarbonatediol, aluminum paste, latex, photopolymers and platemaking systems, films, cyclohexanol, cyclohexane, and cyclohexene.
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