Aisin (OTCMKTS:ASEKY) Reaches New 1-Year High - Still a Buy?

Aisin Co. (OTCMKTS:ASEKY - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $12.63 and last traded at $12.63, with a volume of 3765 shares changing hands. The stock had previously closed at $12.38.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised shares of Aisin to a "hold" rating in a research report on Monday, April 14th.

Aisin Price Performance

The stock has a 50 day simple moving average of $11.46 and a two-hundred day simple moving average of $11.15. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.65. The firm has a market cap of $9.96 billion, a PE ratio of 23.30 and a beta of 0.46.

Aisin (OTCMKTS:ASEKY - Get Free Report) last announced its quarterly earnings data on Friday, April 25th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.08. Aisin had a net margin of 1.30% and a return on equity of 2.77%. The company had revenue of $8.99 billion during the quarter, compared to analysts' expectations of $1,239.54 billion. Sell-side analysts expect that Aisin Co. will post 0.89 earnings per share for the current year.

About Aisin

Aisin Corporation manufactures and sells automotive parts, and energy and lifestyle related products. It provides powertrain products comprising 1 motor hybrid transmission and eaxle products; chassis and vehicle safety systems, such as automated parking systems and electronically controlled brake systems; power sliding door systems and sunroof products; connected and sharing solutions; and repair and maintenance products.