Asahi Kasei (OTCMKTS:AHKSY) Share Price Crosses Above 50 Day Moving Average of $13.45

Asahi Kasei Co. (OTCMKTS:AHKSYGet Rating)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $13.45 and traded as high as $14.63. Asahi Kasei shares last traded at $14.43, with a volume of 80,962 shares.

Asahi Kasei Trading Up 1.1 %

The company has a quick ratio of 0.82, a current ratio of 1.39 and a debt-to-equity ratio of 0.24. The firm’s 50-day simple moving average is $13.45 and its 200 day simple moving average is $14.85. The stock has a market capitalization of $10.06 billion, a P/E ratio of 9.95 and a beta of 0.68.

Asahi Kasei Company Profile

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Asahi Kasei Corporation manufactures, processes, and sells chemical products in Japan and internationally. The company operates through three segments: Material, Homes, and Health Care. It provides caustic soda, chemical fertilizers, nitric acid, ammonia, acrylonitrile, methyl methacrylate, styrene, adipic acid, hexamethylene diamine, AH salt, propionitrile, sodium cyanide, acetonitrile, methacrylonitrile, cyclohexyl methacrylate, cyclohexanol, cyclohexane, and cyclohexene; polymers; chemical intermediates; additives; membranes and systems; clads and anchors; optical and printing materials; electronic materials; and lithium-ion battery and lead-acid battery separators.

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