Shares of Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY – Get Free Report) were up 8.5% on Thursday. The company traded as high as $14.44 and last traded at $14.44. 227 shares changed hands during trading, a decline of 88% from the average daily volume of 1,878 shares. The stock had previously closed at $13.31.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of Aisin Seiki from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Aisin Seiki has an average rating of “Buy”.
Read Our Latest Research Report on ASEKY
Aisin Seiki Price Performance
The stock has a 50-day moving average price of $14.35 and a 200 day moving average price of $14.75. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.79 and a quick ratio of 1.27. The firm has a market cap of $9.98 billion, a price-to-earnings ratio of 10.33 and a beta of 0.59.
Aisin Seiki (OTCMKTS:ASEKY – Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.09). The firm had revenue of $8.45 billion during the quarter, compared to analysts’ expectations of $8.39 billion. Aisin Seiki had a net margin of 2.87% and a return on equity of 6.12%. As a group, equities research analysts forecast that Aisin Seiki Co. Ltd. Unsponsored ADR will post 1.25 earnings per share for the current fiscal 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.
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