Asahi Kasei Co. (OTCMKTS:AHKSY) Short Interest Update

Asahi Kasei Co. (OTCMKTS:AHKSY) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 3,000 shares, a decline of 93.4% from the February 28th total of 45,200 shares. Based on an average trading volume of 57,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Asahi Kasei Trading Down 1.0 %

OTCMKTS:AHKSY traded down $0.15 during trading hours on Wednesday, reaching $14.65. 16,570 shares of the stock were exchanged, compared to its average volume of 44,214. The company has a quick ratio of 0.99, a current ratio of 1.69 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $10.21 billion, a price-to-earnings ratio of 18.54 and a beta of 0.55. Asahi Kasei has a twelve month low of $12.14 and a twelve month high of $15.80. The business has a 50-day moving average of $13.65 and a two-hundred day moving average of $14.01.

Asahi Kasei (OTCMKTS:AHKSY) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.29 earnings per share for the quarter. Asahi Kasei had a net margin of 2.77% and a return on equity of 7.85%.

Asahi Kasei Company Profile

Asahi Kasei Corporation manufactures and sells chemicals. It offers caustic soda, chemical fertilizers, nitric acid, ammonia, acrylonitrile, methyl methacrylate, styrene, adipic acid, hexamethylene diamine, AH salt, propionitrile, sodium cyanide, acetonitrile, methacrylonitrile, cyclohexyl methacrylate, polyethylenes, polyethylenes powder, PMMA resin, polystyrene, polybutadiene rubbers, styrene/butadiene rubbers, clear styrenic copolymer, styrenic thermoplastic elastomer, hydrogenated styrenic elastomers, membranes and systems, functional materials, foams, purging compound, polyisocyanates, polycarbonatediol, aluminum paste, latex, photopolymers and platemaking systems, films, cyclohexanol, cyclohexane, and cyclohexene.