ASAHI KASEI COR/ADR (OTCMKTS:AHKSY) – Investment analysts at Jefferies Financial Group cut their FY2021 earnings estimates for shares of ASAHI KASEI COR/ADR in a report issued on Wednesday, March 18th. Jefferies Financial Group analyst Y. Azuma now expects that the company will post earnings per share of $1.29 for the year, down from their prior forecast of $1.51. Jefferies Financial Group also issued estimates for ASAHI KASEI COR/ADR’s FY2022 earnings at $1.61 EPS.
AHKSY has been the subject of several other research reports. ValuEngine upgraded ASAHI KASEI COR/ADR from a “sell” rating to a “hold” rating in a research note on Tuesday, December 24th. Zacks Investment Research cut ASAHI KASEI COR/ADR from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th.
Shares of OTCMKTS AHKSY opened at $11.78 on Friday. ASAHI KASEI COR/ADR has a 52 week low of $10.69 and a 52 week high of $23.98. The business has a 50-day simple moving average of $17.18 and a two-hundred day simple moving average of $20.52. The company has a quick ratio of 0.91, a current ratio of 1.60 and a debt-to-equity ratio of 0.19. The company has a market cap of $8.26 billion, a P/E ratio of 6.13 and a beta of 0.92.
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.