AGC Inc. (OTCMKTS:ASGLY) Sees Significant Decrease in Short Interest

AGC Inc. (OTCMKTS:ASGLY) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 1,500 shares, a decrease of 11.8% from the October 15th total of 1,700 shares. Based on an average trading volume of 10,600 shares, the days-to-cover ratio is currently 0.1 days.

AGC Price Performance

AGC stock opened at $5.91 on Friday. AGC has a twelve month low of $5.50 and a twelve month high of $7.68. The company’s 50-day moving average price is $6.19 and its two-hundred day moving average price is $6.46. The stock has a market cap of $6.43 billion, a P/E ratio of -9.85 and a beta of 0.59. The company has a quick ratio of 0.79, a current ratio of 1.47 and a debt-to-equity ratio of 0.26.

AGC (OTCMKTS:ASGLY) last announced its earnings results on Friday, November 1st. The company reported $0.05 EPS for the quarter. The company had revenue of $3.49 billion for the quarter. AGC had a negative net margin of 4.58% and a negative return on equity of 5.53%. As a group, analysts expect that AGC will post 0.6 EPS for the current year.

About AGC

AGC Inc manufactures and sells glass, automotive, electronics, chemicals, and ceramics worldwide. The company offers architectural glass products, including laminated, insulating, wired, solar control, toughened, decorative, sound insulation, float and patterned, and industrial glasses; structural glazing systems; and automotive glass, such as laminated, tempered, and privacy glasses, as well as integrated glass antennas and module assembly windows.