Asahi Glass (OTCMKTS:ASGLY) Stock Falls 6.8% – Should You Sell?

Shares of Asahi Glass Co. Ltd. (OTCMKTS:ASGLY – Get Free Report) dropped 6.8% during mid-day trading on Monday. The stock traded as low as $5.90 and last traded at $5.90. 1,343 shares changed hands during trading, a decline of 76% from the average daily volume of 5,683 shares. The stock had previously closed at $6.33.

Asahi Glass Stock Down 3.7%

The stock has a 50-day moving average of $7.10 and a two-hundred day moving average of $7.60. The company has a market cap of $6.52 billion, a P/E ratio of 15.79 and a beta of 0.54. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.71 and a current ratio of 1.38.

Asahi Glass (OTCMKTS:ASGLY – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported ($0.01) earnings per share (EPS) for the quarter. Asahi Glass had a net margin of 2.88% and a return on equity of 3.60%. The company had revenue of $3.53 billion for the quarter. On average, research analysts anticipate that Asahi Glass Co. Ltd. will post 0.51 EPS for the current fiscal year.

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