ASAHI KASEI COR/ADR (OTCMKTS:AHKSY) – Stock analysts at Jefferies Financial Group raised their FY2020 earnings per share (EPS) estimates for shares of ASAHI KASEI COR/ADR in a note issued to investors on Wednesday, June 12th. Jefferies Financial Group analyst Y. Azuma now forecasts that the company will post earnings per share of $1.97 for the year, up from their prior forecast of $1.88. Jefferies Financial Group also issued estimates for ASAHI KASEI COR/ADR’s FY2021 earnings at $1.86 EPS.
AHKSY opened at $20.86 on Thursday. ASAHI KASEI COR/ADR has a twelve month low of $19.27 and a twelve month high of $31.00. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.34 and a quick ratio of 0.80. The stock has a market cap of $14.67 billion, a P/E ratio of 9.31 and a beta of 0.60.
About ASAHI KASEI COR/ADR
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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