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

Asahi Kasei Co. (OTCMKTS:AHKSY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 21,500 shares, an increase of 1,333.3% from the December 31st total of 1,500 shares. Based on an average daily volume of 89,300 shares, the short-interest ratio is presently 0.2 days.

Asahi Kasei Price Performance

Shares of AHKSY stock traded down $0.06 during trading hours on Tuesday, hitting $13.46. The company had a trading volume of 40,075 shares, compared to its average volume of 62,301. The firm has a market capitalization of $9.38 billion, a price-to-earnings ratio of 19.23 and a beta of 0.65. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.92 and a current ratio of 1.62. Asahi Kasei has a 12 month low of $12.14 and a 12 month high of $15.80. The firm’s fifty day moving average is $13.83 and its 200 day moving average is $13.99.

Asahi Kasei (OTCMKTS:AHKSY) last announced its earnings results on Friday, November 1st. The company reported $0.27 EPS for the quarter. The business had revenue of $5.07 billion for the quarter. Asahi Kasei had a return on equity of 7.70% and a net margin of 2.47%.

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.