Aisin (OTCMKTS:ASEKY) Hits New 52-Week High – Here’s What Happened

Aisin Co. (OTCMKTS:ASEKY)’s share price hit a new 52-week high on Monday . The company traded as high as $12.78 and last traded at $12.78, with a volume of 266 shares changing hands. The stock had previously closed at $12.25.

Analysts Set New Price Targets

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

Aisin Stock Up 4.3%

The business’s fifty day simple moving average is $11.49 and its 200 day simple moving average is $11.20. The stock has a market cap of $10.34 billion, a price-to-earnings ratio of 23.11 and a beta of 0.41. The company has a current ratio of 1.65, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25.

Aisin (OTCMKTS:ASEKY) last announced its quarterly earnings results 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 company had revenue of $8.99 billion for the quarter, compared to analysts’ expectations of $1,239.54 billion. Aisin had a net margin of 1.30% and a return on equity of 2.77%. Equities analysts forecast that Aisin Co. will post 0.89 earnings per share for the current fiscal year.

Aisin 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.