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

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

Asahi Kasei Stock Down 0.4 %

Shares of OTCMKTS:AHKSY traded down $0.06 on Tuesday, reaching $13.46. The company had a trading volume of 40,075 shares, compared to its average volume of 62,301. Asahi Kasei has a twelve month low of $12.14 and a twelve month high of $15.80. The stock has a 50-day moving average price of $13.83 and a 200 day moving average price of $13.99. The stock has a market capitalization of $9.38 billion, a P/E ratio of 19.23 and a beta of 0.65. The company has a quick ratio of 0.92, a current ratio of 1.62 and a debt-to-equity ratio of 0.41.

Asahi Kasei (OTCMKTS:AHKSY) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.27 earnings per share for the quarter. The company had revenue of $5.07 billion during 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.