Aisin Seiki (OTCMKTS:ASEKY – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.16), reports. Aisin Seiki had a net margin of 3.37% and a return on equity of 7.47%. The firm had revenue of $8.33 billion during the quarter, compared to analyst estimates of $8.03 billion.
Aisin Seiki Price Performance
Shares of OTCMKTS:ASEKY opened at $16.50 on Wednesday. The company has a current ratio of 1.70, a quick ratio of 1.19 and a debt-to-equity ratio of 0.25. Aisin Seiki has a twelve month low of $8.54 and a twelve month high of $19.50. The company’s 50 day moving average is $18.21 and its 200 day moving average is $17.11. The company has a market cap of $12.52 billion, a PE ratio of 11.15 and a beta of 0.46.
Aisin Seiki Company Profile
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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