Asahi Glass (OTCMKTS:ASGLY) Shares Gap Down – Here’s What Happened

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.

Asahi Glass Price Performance

The company has a 50 day moving average price of $7.54 and a 200-day moving average price of $6.90. The company has a quick ratio of 0.72, a current ratio of 1.39 and a debt-to-equity ratio of 0.25.

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