Aisin (OTCMKTS:ASEKY) Shares Down 9.3% – Here’s What Happened

Aisin Co. (OTCMKTS:ASEKY)’s stock price traded down 9.3% during 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 Performance

The company has a market cap of $8.46 billion, a price-to-earnings ratio of 21.76 and a beta of 0.74. The company’s fifty day moving average price is $11.26 and its two-hundred day moving average price is $11.03. The company has a quick ratio of 1.14, a current ratio of 1.65 and a debt-to-equity ratio of 0.25.

Aisin (OTCMKTS:ASEKY) last released its quarterly earnings results on Friday, January 31st. The company reported $0.35 earnings per share for the quarter. Aisin had a return on equity of 2.77% and a net margin of 1.30%. Research analysts expect that Aisin Co. will post 0.89 earnings per share for the current 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.