Aisin (OTCMKTS:ASEKY) Stock Passes Below Fifty Day Moving Average – What’s Next?

Aisin Co. (OTCMKTS:ASEKYGet Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $18.70 and traded as low as $10.42. Aisin shares last traded at $10.42, with a volume of 382 shares changing hands.

Aisin Stock Performance

The firm has a 50 day simple moving average of $18.70 and a two-hundred day simple moving average of $30.64. The stock has a market cap of $2.81 billion, a P/E ratio of 4.40 and a beta of 0.68.

Aisin (OTCMKTS:ASEKYGet Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.33 earnings per share for the quarter. The business had revenue of $7.60 billion for the quarter. Aisin had a net margin of 1.30% and a return on equity of 2.85%. As a group, equities research analysts predict that Aisin Co. will post 1.23 EPS for the current year.

About Aisin

(Get Free Report)

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.

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