Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $15.30, but opened at $14.0650. Aisin Seiki shares last traded at $14.0650, with a volume of 6,029 shares traded.
Analyst Ratings Changes
Separately, Zacks Research downgraded Aisin Seiki from a “hold” rating to a “strong sell” rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.
Check Out Our Latest Report on ASEKY
Aisin Seiki Stock Down 8.1%
Aisin Seiki (OTCMKTS:ASEKY – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.16). Aisin Seiki had a return on equity of 7.21% and a net margin of 3.26%.The business had revenue of $8.33 billion for the quarter, compared to analyst estimates of $8.03 billion. As a group, equities research analysts expect that Aisin Seiki Co. Ltd. Unsponsored ADR will post 0.89 earnings per share for the current fiscal year.
About Aisin Seiki
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.
Further Reading
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