Asahi Kasei Co. (OTCMKTS:AHKSY) Short Interest Down 68.8% in September

Asahi Kasei Co. (OTCMKTS:AHKSY) saw a large decrease in short interest in September. As of September 30th, there was short interest totalling 4,500 shares, a decrease of 68.8% from the September 15th total of 14,400 shares. Based on an average daily trading volume, of 24,500 shares, the days-to-cover ratio is currently 0.2 days.

Asahi Kasei Stock Up 1.2 %

Shares of AHKSY opened at $14.68 on Friday. The stock has a fifty day simple moving average of $14.20 and a two-hundred day simple moving average of $13.77. The company has a quick ratio of 1.06, a current ratio of 1.80 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $10.23 billion, a PE ratio of 32.62 and a beta of 0.65. Asahi Kasei has a 52-week low of $11.86 and a 52-week high of $15.80.

Asahi Kasei (OTCMKTS:AHKSY) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.36 earnings per share (EPS) for the quarter. The firm had revenue of $4.72 billion during the quarter. Asahi Kasei had a net margin of 2.36% and a return on equity of 7.00%.

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.