Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY – Get Free Report)’s stock price passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $14.37 and traded as high as $14.44. Aisin Seiki shares last traded at $14.44, with a volume of 258 shares.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of Aisin Seiki from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy”.
Read Our Latest Research Report on Aisin Seiki
Aisin Seiki Stock Up 8.5%
The company has a quick ratio of 1.27, a current ratio of 1.79 and a debt-to-equity ratio of 0.22. The company has a 50-day simple moving average of $14.37 and a two-hundred day simple moving average of $14.77. The stock has a market cap of $10.48 billion, a P/E ratio of 10.86 and a beta of 0.59.
Aisin Seiki (OTCMKTS:ASEKY – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.09). The firm had revenue of $8.45 billion for the quarter, compared to the consensus estimate of $8.39 billion. Aisin Seiki had a net margin of 2.87% and a return on equity of 6.12%. On average, equities analysts forecast that Aisin Seiki Co. Ltd. Unsponsored ADR will post 1.25 EPS for the current year.
About Aisin Seiki
Aisin Seiki Co, Ltd., now known as Aisin Corporation, is a Japanese manufacturer of automotive components and systems. The company develops and produces automatic and manual transmissions, hybrid and electric vehicle drive systems, engines and engine components, braking systems, chassis components, and body-related products. It also offers aftermarket parts and services for vehicles.
Established in 1965, Aisin became a major supplier to Toyota and other global vehicle manufacturers. Its products are used in passenger cars, commercial vehicles, and other mobility applications, while its business has expanded to include components designed for electrified vehicles and connected mobility.
Aisin serves automotive customers through manufacturing, engineering, and sales operations in Japan and international markets, including North America, Europe, and Asia.
See Also
- Five stocks we like better than Aisin Seiki
- GE Aerospace Has a $170 Billion Backlog, But Is the Stock Worth the Premium?
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
Receive News & Ratings for Aisin Seiki Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aisin Seiki and related companies with MarketBeat.com's FREE daily email newsletter.
