Asahi Kasei Co. (OTCMKTS:AHKSY) Short Interest Down 28.9% in February

Asahi Kasei Co. (OTCMKTS:AHKSY) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 39,700 shares, a decrease of 28.9% from the January 31st total of 55,800 shares. Based on an average daily volume of 127,400 shares, the days-to-cover ratio is presently 0.3 days.

Asahi Kasei Price Performance

Shares of Asahi Kasei stock opened at $13.60 on Tuesday. The business’s 50-day moving average price is $13.46 and its 200-day moving average price is $14.00. The firm has a market capitalization of $9.48 billion, a PE ratio of 17.22 and a beta of 0.64. Asahi Kasei has a 12 month low of $12.14 and a 12 month high of $15.80. The company has a current ratio of 1.69, a quick ratio of 0.99 and a debt-to-equity ratio of 0.43.

Asahi Kasei (OTCMKTS:AHKSY) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.29 EPS for the quarter. Asahi Kasei had a net margin of 2.77% and a return on equity of 7.85%.

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.