Aisin Seiki (OTCMKTS:ASEKY – Get Free Report) posted its earnings results on Tuesday. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.16), reports. The firm had revenue of $8.33 billion for the quarter, compared to analysts’ expectations of $8.03 billion. Aisin Seiki had a net margin of 3.37% and a return on equity of 7.47%.
Aisin Seiki Price Performance
Aisin Seiki stock opened at $16.50 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.70 and a quick ratio of 1.19. Aisin Seiki has a 12 month low of $8.54 and a 12 month high of $19.50. The business has a 50 day simple moving average of $18.22 and a 200-day simple moving average of $17.08. The stock has a market capitalization of $12.52 billion, a PE ratio of 11.15 and a beta of 0.46.
About Aisin Seiki
Aisin Seiki Co, Ltd., commonly known as Aisin, is a Japanese automotive parts manufacturer founded in 1949 and headquartered in Anjo, Aichi Prefecture. Originally established to supply repair parts for Toyota Motor Corporation, Aisin has grown into one of the world’s largest Tier-1 suppliers, delivering a broad portfolio of components to leading original equipment manufacturers (OEMs) across the globe.
The company’s core business centers on the design and production of automotive systems and components.
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