Aisin (OTCMKTS:ASEKY) Stock Price Down 9.3% – Here’s Why

Aisin Co. (OTCMKTS:ASEKY)’s stock price fell 9.3% during mid-day trading on Wednesday . The company traded as low as $10.46 and last traded at $10.46. 414 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 982 shares. The stock had previously closed at $11.54.

Aisin Stock Down 9.3 %

The firm has a market capitalization of $8.46 billion, a price-to-earnings ratio of 21.76 and a beta of 0.74. The firm has a fifty day moving average price of $11.26 and a 200 day moving average price of $11.04. 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 earnings results on Friday, January 31st. The company reported $0.35 earnings per share (EPS) for the quarter. Aisin had a net margin of 1.30% and a return on equity of 2.77%. Sell-side analysts anticipate that Aisin Co. will post 0.89 EPS 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.