Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY) Short Interest Update

Key Points

• Aisin Seiki Co. Ltd. experienced a significant decrease in short interest in July, dropping to 200 shares, from 600 shares at the end of June, representing a 66.7% decline.
• The company's shares are currently down 4.9%, trading at $12.36, with a market cap of $9.38 billion.
• Aisin Seiki's recent earnings report showed EPS of $0.49, surpassing estimates by $0.08 and generating revenue of $8.99 billion in the last quarter.

Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY - Get Free Report) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 200 shares, a drop of 66.7% from the June 30th total of 600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

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

Aisin Seiki Stock Down 4.9%

Shares of Aisin Seiki stock traded down $0.64 on Tuesday, reaching $12.36. 613 shares of the company were exchanged, compared to its average volume of 1,200. Aisin Seiki has a 1-year low of $8.54 and a 1-year high of $13.45. The company has a market cap of $9.38 billion, a P/E ratio of 24.53 and a beta of 0.42. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.59 and a quick ratio of 1.13. The stock's 50 day moving average price is $12.58 and its 200-day moving average price is $11.65.

Aisin Seiki (OTCMKTS:ASEKY - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.08. The firm had revenue of $8.99 billion during the quarter, compared to analysts' expectations of $1,239.54 billion. As a group, equities analysts forecast that Aisin Seiki will post 0.89 EPS for the current year.

About Aisin Seiki

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.