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

ValuEngine upgraded shares of ASAHI KASEI COR/ADR (OTCMKTS:AHKSY) from a sell rating to a hold rating in a report issued on Thursday morning, ValuEngine reports.

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

Shares of OTCMKTS AHKSY traded up $0.04 during trading on Thursday, reaching $22.48. The stock had a trading volume of 15,368 shares, compared to its average volume of 21,168. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.85 and a current ratio of 1.51. The stock has a market cap of $15.74 billion, a PE ratio of 11.07 and a beta of 0.69. The firm’s 50 day moving average price is $21.62 and its two-hundred day moving average price is $20.46. ASAHI KASEI COR/ADR has a one year low of $17.13 and a one year high of $23.69.

ASAHI KASEI COR/ADR Company Profile

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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