Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY) Short Interest Update

Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 79 shares, a decline of 71.4% from the May 14th total of 276 shares. Based on an average trading volume of 459 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Aisin Seiki Price Performance

Aisin Seiki stock opened at $13.60 on Thursday. The firm has a market cap of $9.87 billion, a PE ratio of 8.89 and a beta of 0.51. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.17 and a current ratio of 1.74. The firm’s 50 day moving average price is $14.58 and its two-hundred day moving average price is $16.22. Aisin Seiki has a twelve month low of $11.40 and a twelve month high of $19.50.

Aisin Seiki (OTCMKTS:ASEKY) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.24. The firm had revenue of $8.44 billion for the quarter, compared to analyst estimates of $8.01 billion. Aisin Seiki had a net margin of 3.34% and a return on equity of 7.29%. On average, research analysts predict that Aisin Seiki will post 1.4 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Zacks Research upgraded shares of Aisin Seiki from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. The Goldman Sachs Group upgraded shares of Aisin Seiki from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Aisin Seiki currently has a consensus rating of “Buy”.

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.