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Aisin Seiki (OTCMKTS:ASEKY) Shares Gap Down - Here's Why

Aisin Seiki logo with Auto/Tires/Trucks background

Key Points

  • Aisin Seiki shares gapped down from $13.00 to $12.36 at market open, with only 607 shares traded.
  • Analysts from Sanford C. Bernstein upgraded the stock to a "hold" rating on April 14th, indicating a cautious outlook.
  • In its latest earnings report, Aisin Seiki reported an EPS of $0.49, exceeding analysts' expectations of $0.41, with a revenue of $8.99 billion.
  • Looking to export and analyze Aisin Seiki data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $13.00, but opened at $12.36. Aisin Seiki shares last traded at $12.36, with a volume of 607 shares trading hands.

Analyst Ratings Changes

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

Check Out Our Latest Analysis on ASEKY

Aisin Seiki Price Performance

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 company has a market capitalization of $10.20 billion, a price-to-earnings ratio of 23.32 and a beta of 0.42. The stock's 50-day moving average price is $12.61 and its 200-day moving average price is $11.69.

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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