DENSO Co. (OTCMKTS:DNZOY – Get Rating) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totalling 9,800 shares, a decrease of 57.0% from the April 30th total of 22,800 shares. Based on an average daily volume of 27,600 shares, the days-to-cover ratio is currently 0.4 days.
DENSO Stock Up 1.2 %
Shares of OTCMKTS:DNZOY opened at $31.21 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 0.14. The stock’s fifty day moving average price is $28.73 and its 200-day moving average price is $27.28. DENSO has a 1 year low of $22.75 and a 1 year high of $31.59.
DENSO (OTCMKTS:DNZOY – Get Rating) last announced its earnings results on Thursday, April 27th. The company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.02). The company had revenue of $13.35 billion during the quarter, compared to the consensus estimate of $12.74 billion. DENSO had a return on equity of 7.09% and a net margin of 4.91%. As a group, research analysts anticipate that DENSO will post 2.17 earnings per share for the current year.
DENSO Company Profile
DENSO Corp. engages in the manufacture and sale of automotive component and systems, industrial products, and home appliances. It operates through the following business divisions: Automotive, Consumer Products, Industrial Products, and New Business Fields. The Automotive division develops and manufactures powertrain control systems, gasoline and diesel engine management systems, semiconductor sensors, micro electronic devices, car and bus air conditioning systems, telematic products, body electronics, windshield wiper systems, power windows, power steering, and power sliding doors.
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