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Aisin Seiki (OTCMKTS:ASEKY) Hits New 12-Month High - Here's Why

Aisin Seiki logo with Auto/Tires/Trucks background

Shares of Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY - Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as $13.01 and last traded at $13.01, with a volume of 1734 shares. The stock had previously closed at $12.50.

Analyst Upgrades and Downgrades

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

Read Our Latest Analysis on Aisin Seiki

Aisin Seiki Stock Down 2.3%

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 company's 50-day simple moving average is $12.22 and its 200 day simple moving average is $11.35.

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, topping analysts' consensus estimates of $0.41 by $0.08. The firm had revenue of $8.99 billion during the quarter, compared to analyst estimates of $1,239.54 billion. On average, equities research analysts predict that Aisin Seiki Co. Ltd. Unsponsored ADR will post 0.89 EPS for the current fiscal year.

About Aisin Seiki

(Get Free Report)

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.

Further Reading

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