Asahi Glass (OTCMKTS:ASGLY) Hits New 1-Year High – Here’s What Happened

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $8.13 and last traded at $8.01, with a volume of 5769 shares changing hands. The stock had previously closed at $7.9210.

Asahi Glass Stock Up 1.1%

The firm has a fifty day moving average price of $6.97 and a 200 day moving average price of $6.63. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.72 and a current ratio of 1.37. The firm has a market capitalization of $8.71 billion, a price-to-earnings ratio of 18.63 and a beta of 0.42.

Asahi Glass (OTCMKTS:ASGLY) last announced its quarterly earnings data on Friday, February 6th. The company reported $0.18 EPS for the quarter. The business had revenue of $3.55 billion during the quarter. Asahi Glass had a return on equity of 4.23% 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.