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

Asahi Kasei Co. (OTCMKTS:AHKSY) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 26,900 shares, an increase of 34.5% from the October 15th total of 20,000 shares. Based on an average daily volume of 64,400 shares, the short-interest ratio is presently 0.4 days.

Asahi Kasei Stock Down 2.1 %

Shares of AHKSY stock opened at $14.34 on Thursday. Asahi Kasei has a 1 year low of $12.14 and a 1 year high of $15.80. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.06 and a current ratio of 1.80. The stock’s 50 day simple moving average is $14.45 and its two-hundred day simple moving average is $13.74.

Asahi Kasei (OTCMKTS:AHKSY) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.27 earnings per share (EPS) for the quarter. Asahi Kasei had a return on equity of 7.65% and a net margin of 2.47%. The business had revenue of $5.07 billion for the quarter.

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.