AGC Inc. (OTCMKTS:ASGLY) Sees Significant Growth in Short Interest

AGC Inc. (OTCMKTS:ASGLY) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 18,000 shares, an increase of 520.7% from the November 15th total of 2,900 shares. Based on an average daily volume of 22,300 shares, the short-interest ratio is currently 0.8 days.

AGC Stock Performance

Shares of OTCMKTS ASGLY traded down $0.05 during midday trading on Wednesday, hitting $6.07. 4,231 shares of the stock traded hands, compared to its average volume of 4,011. The firm has a market capitalization of $6.60 billion, a P/E ratio of -10.12 and a beta of 0.59. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.43. The firm has a 50-day moving average of $6.17 and a two-hundred day moving average of $6.34. AGC has a one year low of $5.50 and a one year high of $7.68.

AGC (OTCMKTS:ASGLY) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $3.49 billion for the quarter. AGC had a negative net margin of 4.58% and a negative return on equity of 5.62%.

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.