Short Interest in AGC Inc. (OTCMKTS:ASGLY) Decreases By 91.1%

AGC Inc. (OTCMKTS:ASGLY) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 1,600 shares, a decline of 91.1% from the November 30th total of 18,000 shares. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is presently 0.1 days.

AGC Price Performance

Shares of ASGLY traded down $0.25 during midday trading on Friday, hitting $5.98. 4,101 shares of the company traded hands, compared to its average volume of 4,284. The stock has a market cap of $6.50 billion, a price-to-earnings ratio of -9.97 and a beta of 0.59. The firm has a 50 day moving average of $6.05 and a 200-day moving average of $6.27. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.43. AGC has a 52 week low of $5.50 and a 52 week high of $7.68.

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

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.