Short Interest in AGC Inc. (OTCMKTS:ASGLY) Declines By 85.7%

AGC Inc. (OTCMKTS:ASGLY) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 200 shares, a drop of 85.7% from the March 31st total of 1,400 shares. Based on an average trading volume of 3,100 shares, the short-interest ratio is currently 0.1 days.

AGC Stock Performance

OTCMKTS:ASGLY traded down $0.12 during mid-day trading on Thursday, reaching $7.26. 845 shares of the stock were exchanged, compared to its average volume of 2,866. The company has a 50 day simple moving average of $7.18 and a 200-day simple moving average of $7.14. The stock has a market capitalization of $7.89 billion, a P/E ratio of 16.88 and a beta of 0.68. The company has a quick ratio of 0.82, a current ratio of 1.45 and a debt-to-equity ratio of 0.27. AGC has a 1 year low of $6.37 and a 1 year high of $7.69.

AGC (OTCMKTS:ASGLY) last released its quarterly earnings results on Wednesday, February 7th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $3.63 billion for the quarter. AGC had a return on equity of 4.03% and a net margin of 3.30%. Analysts anticipate that AGC will post 0.34 earnings per share for the current fiscal year.

About AGC

AGC Inc manufactures and sells glass, automotive, electronics, chemicals, and ceramics worldwide. The company offers architectural glass products, including laminated, insulating, wired, solar control, toughened, decorative, sound insulation, float and patterned, and industrial glasses; structural glazing systems; and automotive glass, such as laminated, tempered, and privacy glasses, as well as integrated glass antennas and module assembly windows.