Positive News Coverage Likely to Affect ASAHI KASEI Cor/ADR (AHKSY) Share Price

Media headlines about ASAHI KASEI Cor/ADR (OTCMKTS:AHKSY) have trended positive on Friday, InfoTrie reports. The research firm ranks the sentiment of press coverage by reviewing more than 6,000 news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ASAHI KASEI Cor/ADR earned a news impact score of 2.18 on their scale. InfoTrie also assigned news articles about the company an news buzz score of 7 out of 10, indicating that recent press coverage is likely to have an effect on the stock’s share price in the next few days.

Shares of OTCMKTS:AHKSY opened at $20.90 on Friday. The stock has a market capitalization of $14.74 billion, a price-to-earnings ratio of 9.33 and a beta of 0.59. ASAHI KASEI Cor/ADR has a 52-week low of $20.27 and a 52-week high of $31.00. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 1.57.

AHKSY has been the subject of several research reports. Zacks Investment Research raised ASAHI KASEI Cor/ADR from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a research note on Friday, September 28th. ValuEngine lowered ASAHI KASEI Cor/ADR from a “hold” rating to a “sell” rating in a research note on Thursday, November 1st. Finally, Jefferies Financial Group downgraded ASAHI KASEI Cor/ADR from a “hold” rating to an “underperform” rating in a report on Tuesday, October 23rd.

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ASAHI KASEI Cor/ADR Company Profile

Asahi Kasei Corporation primarily manufactures, processes, and sells chemical products in Japan and internationally. The company offers caustic soda, chemical fertilizers, nitric acid, ammonia, acrylonitrile, methyl methacrylate, styrene, adipic acid, hexamethylene diamine, AH salt, propionitrile, sodium cyanide, methacrylonitrile, cyclohexyl methacrylate, cyclohexanol, cyclohexane, and cyclohexene; polymers and sheets; chemical intermediates; additives; membranes and systems; clads and anchors; optical and printing materials; electronic materials; polymers; synthetic rubber and elastomers; consumables; cleaners; and packaging products.

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