Asahi Glass (OTCMKTS:ASGLY) Shares Gap Down – What’s Next?

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $7.8420, but opened at $7.30. Asahi Glass shares last traded at $7.30, with a volume of 350 shares changing hands.

Asahi Glass Trading Down 7.3%

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.72 and a current ratio of 1.39. The company has a 50-day simple moving average of $7.52 and a 200 day simple moving average of $6.89. The company has a market capitalization of $7.85 billion, a P/E ratio of 16.79 and a beta of 0.38.

Asahi Glass (OTCMKTS:ASGLY) last posted its quarterly earnings data on Friday, February 6th. The company reported $0.18 earnings per share for the quarter. The company had revenue of $3.55 billion during the quarter. Asahi Glass had a return on equity of 4.16% and a net margin of 3.34%.Asahi Glass has set its FY 2025 guidance at 0.470-0.470 EPS.

Asahi Glass Company Profile

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.