Aisin Seiki (OTCMKTS:ASEKY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday. The brokerage currently has a $61.00 price objective on the stock. Zacks Investment Research‘s price objective points to a potential upside of 9.87% from the stock’s current price.
According to Zacks, “Aisin Seiki Co., Ltd. is engages in the manufacture and sale of automotive parts. It operating segment consists of Aisin Seiki Group, Aisin Takaoka Group, Aisin AW Group, Advics Group and Others. Aisin Seiki Group segment provides general automotive parts and services, life and amenity-related equipment, public works and petroleum sales. Aisin Takaoka Group segment handles engine and brake cast components. Aisin AW Group deals with automatic transmissions and car navigation systems. Advics Group segment offers brake components. Others segment includes automotive parts lineup, energy systems, mainstay products for the major group companies, life and amenity products. Aisin Seiki Co., Ltd. is headquartered in Kariya, Japan. “
Shares of Aisin Seiki (OTCMKTS:ASEKY) traded down $0.94 during trading on Friday, reaching $55.52. The company had a trading volume of 600 shares, compared to its average volume of 933. The stock has a market capitalization of $15,925.71, a price-to-earnings ratio of 14.88, a price-to-earnings-growth ratio of 1.74 and a beta of 0.87. Aisin Seiki has a 52 week low of $45.38 and a 52 week high of $60.10. The company has a quick ratio of 1.17, a current ratio of 1.50 and a debt-to-equity ratio of 0.24.
Aisin Seiki Co, Ltd. manufactures and sells automotive parts, lifestyle and energy related products, and wellness related products worldwide. It offers drive train related products, such as automatic and manual transmission products, and other products. The company also provides brake systems and master cylinders, ABS and ESC modulators, hydraulic boosters, disc brake calipers, brake pads, discs, high carbon disc rotors, brake assemblies, electric parking brakes, parking brake pedals, and sensors; and actuators, air suspension systems, and power tilt and telescopic steering columns.
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