ASAHI KASEI COR/ADR (OTCMKTS:AHKSY) Lifted to Hold at ValuEngine

ASAHI KASEI COR/ADR (OTCMKTS:AHKSY) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Tuesday, ValuEngine reports.

Separately, Zacks Investment Research upgraded shares of ASAHI KASEI COR/ADR from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 5th.

Shares of AHKSY opened at $22.05 on Tuesday. ASAHI KASEI COR/ADR has a one year low of $17.13 and a one year high of $23.98. The company has a market cap of $15.84 billion, a P/E ratio of 10.86 and a beta of 0.69. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.51 and a quick ratio of 0.85. The firm has a 50 day simple moving average of $22.33 and a two-hundred day simple moving average of $20.62.


Asahi Kasei Corporation manufactures, processes, and sells chemical products in Japan and internationally. The company operates in three segments: Material, Homes, and Health Care. It offers cupro fiber, lining fabric, stretch fiber, spunbond nonwoven, cupro nonwoven fabric, microfiber suede, oil-water separator, deodorizing nonwoven, heat-press formable thermoplastic nonwoven, noise suppression sheet, filament, flame-resistant fiber, honeycomb fabric, cellulose nanobead, and elastic electric wire products.

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