Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY – Get Free Report) shares saw strong trading volume on Thursday. 8,516 shares were traded during mid-day trading, an increase of 307% from the previous session’s volume of 2,090 shares. The stock last traded at $13.75 and had previously closed at $14.18.
Analyst Ratings Changes
Separately, Zacks Research cut Aisin Seiki from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on ASEKY
Aisin Seiki Trading Down 3.0%
Aisin Seiki (OTCMKTS:ASEKY – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. Aisin Seiki had a net margin of 3.14% and a return on equity of 6.73%. The business had revenue of $8.26 billion during the quarter, compared to the consensus estimate of $7.89 billion. Analysts expect that Aisin Seiki Co. Ltd. Unsponsored ADR will post 1.25 earnings per share for the current year.
Aisin Seiki Company Profile
Aisin Seiki Co, Ltd., now known as Aisin Corporation, is a Japanese automotive components manufacturer headquartered in Kariya, Aichi Prefecture. Established in 1965, the company is part of the Toyota Group and supplies components and systems to automakers worldwide, including Toyota and other global vehicle manufacturers.
Aisin’s product portfolio includes automatic and hybrid transmissions, drivetrain systems, engines and engine-related components, brakes, suspension systems, steering components, sunroofs, door systems and other body-related products.
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