Asahi Glass (OTCMKTS:ASGLY) Sets New 1-Year High – Time to Buy?

Shares of Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $8.13 and last traded at $8.01, with a volume of 5769 shares traded. The stock had previously closed at $7.9210.

Asahi Glass Stock Down 1.4%

The company has a quick ratio of 0.72, a current ratio of 1.37 and a debt-to-equity ratio of 0.26. The company has a 50 day moving average of $7.04 and a two-hundred day moving average of $6.65.

Asahi Glass (OTCMKTS:ASGLY) last issued its quarterly earnings data on Friday, February 6th. The company reported $0.18 EPS for the quarter. The company had revenue of $3.55 billion for 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.

About Asahi Glass

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.