Asahi Kasei Co. (OTCMKTS:AHKSY) Short Interest Update

Asahi Kasei Co. (OTCMKTS:AHKSY) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,000 shares, a decline of 93.4% from the February 28th total of 45,200 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 57,000 shares, the days-to-cover ratio is currently 0.1 days.

Asahi Kasei Trading Up 0.9 %

Shares of Asahi Kasei stock opened at $14.78 on Friday. Asahi Kasei has a 12-month low of $12.14 and a 12-month high of $15.80. The company has a quick ratio of 0.99, a current ratio of 1.69 and a debt-to-equity ratio of 0.43. The business’s 50 day moving average is $13.71 and its 200-day moving average is $14.02. The stock has a market cap of $10.30 billion, a P/E ratio of 18.71 and a beta of 0.55.

Asahi Kasei (OTCMKTS:AHKSY) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.29 EPS for the quarter. Asahi Kasei had a net margin of 2.77% and a return on equity of 7.85%.

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.