Asahi Kasei (OTCMKTS:AHKSY) Posts Quarterly Earnings Results

Asahi Kasei (OTCMKTS:AHKSY) announced its earnings results on Wednesday. The company reported $0.29 EPS for the quarter, Zacks reports. Asahi Kasei had a net margin of 2.47% and a return on equity of 7.70%.

Asahi Kasei Stock Up 0.2 %

AHKSY opened at $13.25 on Thursday. The company has a quick ratio of 0.92, a current ratio of 1.62 and a debt-to-equity ratio of 0.41. The stock has a market cap of $9.23 billion, a price-to-earnings ratio of 18.93 and a beta of 0.64. The company’s 50-day moving average price is $13.71 and its two-hundred day moving average price is $13.99. Asahi Kasei has a twelve month low of $12.14 and a twelve month high of $15.80.

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.