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.
Further Reading: What is a growth and income fund?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for ASAHI KASEI COR/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASAHI KASEI COR/ADR and related companies with MarketBeat.com's FREE daily email newsletter.