Aisin Seiki (OTCMKTS:ASEKY) Reaches New 1-Year High - Here's Why

Key Points

• Aisin Seiki shares hit a new 52-week high of $18.08 during trading, representing a significant increase from the previous close of $16.85.
• The company's EPS for the last quarter was reported at $0.36, exceeding analyst expectations of $0.24, with revenues reaching $8.19 billion.
• Aisin Seiki has a market capitalization of $13.72 billion and a relatively low debt-to-equity ratio of 0.24, indicating financial stability.

Shares of Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $18.08 and last traded at $18.08, with a volume of 405 shares traded. The stock had previously closed at $16.85.

Aisin Seiki Stock Performance

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 firm has a market capitalization of $13.72 billion, a price-to-earnings ratio of 31.78 and a beta of 0.37. The firm's fifty day moving average is $14.43 and its 200 day moving average is $12.65.

Aisin Seiki (OTCMKTS:ASEKY - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.24 by $0.12. The company had revenue of $8.19 billion for the quarter, compared to analyst estimates of $1,240.13 billion. On average, analysts predict that Aisin Seiki Co. Ltd. Unsponsored ADR will post 0.89 EPS for the current fiscal 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.

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