Aisin (OTCMKTS:ASEKY) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Aisin Co. (OTCMKTS:ASEKY) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $10.64 and traded as low as $9.70. Aisin shares last traded at $10.39, with a volume of 1,877 shares trading hands.

Aisin Stock Down 2.8 %

The firm has a market cap of $8.41 billion, a price-to-earnings ratio of 19.61 and a beta of 0.74. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.15 and a current ratio of 1.65. The firm has a fifty day simple moving average of $10.64 and a 200-day simple moving average of $17.34.

About Aisin

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.