Aisin Seiki (OTCMKTS:ASEKY) Shares Gap Down – Should You Sell?

Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKYGet Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $19.05, but opened at $18.20. Aisin Seiki shares last traded at $18.20, with a volume of 294 shares traded.

Aisin Seiki Stock Down 5.2%

The business’s 50 day moving average is $18.33 and its 200 day moving average is $16.81. The company has a quick ratio of 1.19, a current ratio of 1.70 and a debt-to-equity ratio of 0.25. The company has a market cap of $13.81 billion, a P/E ratio of 12.30 and a beta of 0.45.

Aisin Seiki Company Profile

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Aisin Seiki Co, Ltd., commonly known as Aisin, is a Japanese automotive parts manufacturer founded in 1949 and headquartered in Anjo, Aichi Prefecture. Originally established to supply repair parts for Toyota Motor Corporation, Aisin has grown into one of the world’s largest Tier-1 suppliers, delivering a broad portfolio of components to leading original equipment manufacturers (OEMs) across the globe.

The company’s core business centers on the design and production of automotive systems and components.

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