Aisin Seiki (OTCMKTS:ASEKY) Reaches New 52-Week High - Still a Buy?

Key Points

• Aisin Seiki shares reached a new 52-week high of $13.45, reflecting increased trading interest with a volume of 100 shares.
• Sanford C. Bernstein upgraded Aisin Seiki to a "hold" rating, indicating a cautious stance on the stock's future performance.
• The company has a market capitalization of $10.21 billion and a PE ratio of 23.32, highlighting its financial viability in the automotive parts industry.

Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $13.45 and last traded at $13.45, with a volume of 100 shares traded. The stock had previously closed at $12.36.

Analyst Upgrades and Downgrades

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

Aisin Seiki Price Performance

The business has a 50 day moving average of $12.64 and a 200-day moving average of $11.72. The stock has a market cap of $10.20 billion, a PE ratio of 25.36 and a beta of 0.43. The company has a current ratio of 1.59, a quick ratio of 1.13 and a debt-to-equity ratio of 0.24.

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

Aisin Seiki Company Profile

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.