Asahi Kasei (OTCMKTS:AHKSY) Sets New 12-Month Low – Time to Sell?

Asahi Kasei Co. (OTCMKTS:AHKSY) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $12.12 and last traded at $13.04, with a volume of 327776 shares traded. The stock had previously closed at $12.65.

Asahi Kasei Stock Performance

The firm has a market cap of $9.17 billion, a PE ratio of 16.65 and a beta of 0.47. The company has a 50 day simple moving average of $13.69 and a 200-day simple moving average of $13.90. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.69 and a quick ratio of 0.99.

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

About Asahi Kasei

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.