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

AGC Inc. (OTCMKTS:ASGLY) saw a significant 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 days-to-cover ratio is currently 0.1 days.

AGC Stock Down 0.5 %

Shares of ASGLY stock traded down $0.04 during mid-day trading on Friday, reaching $7.22. 5,364 shares of the company were exchanged, compared to its average volume of 2,898. AGC has a fifty-two week low of $6.37 and a fifty-two week high of $7.69. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.82 and a current ratio of 1.45. The company has a market capitalization of $7.85 billion, a P/E ratio of 16.88 and a beta of 0.68. The business’s 50 day simple moving average is $7.19 and its 200 day simple moving average is $7.14.

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

AGC Company Profile

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.