Asahi Glass (OTCMKTS:ASGLY) Hits New 52-Week High – Here’s What Happened

Shares of Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) hit a new 52-week high during trading on Friday . The company traded as high as $8.8150 and last traded at $8.8150, with a volume of 1516 shares. The stock had previously closed at $8.53.

Asahi Glass Price Performance

The company’s fifty day simple moving average is $7.37 and its 200 day simple moving average is $6.81. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.39 and a quick ratio of 0.72.

Asahi Glass (OTCMKTS:ASGLY) last announced its earnings results on Friday, February 6th. The company reported $0.18 earnings per share for the quarter. Asahi Glass had a net margin of 3.34% and a return on equity of 4.16%. The firm had revenue of $3.55 billion for the quarter. 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.