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

Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $13.45 and last traded at $12.78, with a volume of 253 shares changing hands. The stock had previously closed at $13.01.

Analysts Set New Price Targets

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

Aisin Seiki Stock Down 1.7%

The stock has a market cap of $9.70 billion, a P/E ratio of 24.54 and a beta of 0.42. The company has a quick ratio of 1.13, a current ratio of 1.59 and a debt-to-equity ratio of 0.24. The business has a 50-day simple moving average of $12.46 and a 200-day simple moving average of $11.42.

Aisin Seiki (OTCMKTS:ASEKY - Get Free Report) last announced its earnings results on Friday, April 25th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.08. The company had revenue of $8.99 billion for the quarter, compared to the consensus estimate of $1,239.54 billion. Analysts expect that Aisin Seiki Co. Ltd. Unsponsored ADR will post 0.89 EPS for the current 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.

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