Short Interest in Aisin Co. (OTCMKTS:ASEKY) Declines By 33.3%

Aisin Co. (OTCMKTS:ASEKY) saw a large drop in short interest in August. As of August 31st, there was short interest totalling 200 shares, a drop of 33.3% from the August 15th total of 300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2.0 days.

Aisin Stock Up 5.7 %

Shares of Aisin stock opened at $33.94 on Monday. Aisin has a 1 year low of $30.75 and a 1 year high of $40.70. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.65 and a quick ratio of 1.17. The company has a 50-day moving average of $27.87 and a 200 day moving average of $34.80. The firm has a market cap of $9.15 billion, a price-to-earnings ratio of 14.32 and a beta of 0.68.

Aisin (OTCMKTS:ASEKY) last announced its earnings results on Wednesday, July 31st. The company reported $0.33 earnings per share for the quarter. Aisin had a net margin of 1.30% and a return on equity of 2.85%. The business had revenue of $7.60 billion during the quarter. As a group, sell-side analysts anticipate that Aisin will post 3.76 earnings per share 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.