Aisin Seiki (OTCMKTS:ASEKY) Shares Gap Up – Should You Buy?

Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKYGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $16.6375, but opened at $19.00. Aisin Seiki shares last traded at $19.00, with a volume of 102 shares.

Aisin Seiki Stock Down 0.0%

The company has a debt-to-equity ratio of 0.25, a current ratio of 1.70 and a quick ratio of 1.19. The stock has a market cap of $14.42 billion, a price-to-earnings ratio of 12.83 and a beta of 0.44. The business has a fifty day moving average of $17.64 and a 200 day moving average of $15.73.

Aisin Seiki Company Profile

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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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