Zacks Investment Research upgraded shares of Aisin Seiki Co (NASDAQ:ASEKY) from a sell rating to a hold rating in a research report sent to investors on Wednesday.

According to Zacks, “Aisin Seiki Co., Ltd. is engages in the manufacture and sale of automotive parts. It operating segment consists of Aisin Seiki Group, Aisin Takaoka Group, Aisin AW Group, Advics Group and Others. Aisin Seiki Group segment provides general automotive parts and services, life and amenity-related equipment, public works and petroleum sales. Aisin Takaoka Group segment handles engine and brake cast components. Aisin AW Group deals with automatic transmissions and car navigation systems. Advics Group segment offers brake components. Others segment includes automotive parts lineup, energy systems, mainstay products for the major group companies, life and amenity products. Aisin Seiki Co., Ltd. is headquartered in Kariya, Japan. “

Shares of Aisin Seiki (ASEKY) opened at 49.82 on Wednesday. The firm’s 50-day moving average price is $50.90 and its 200-day moving average price is $50.24. Aisin Seiki has a 12 month low of $41.48 and a 12 month high of $55.26. The company has a market capitalization of $13.88 billion and a price-to-earnings ratio of 13.24.

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