DENSO (OTCMKTS:DNZOY) Sets New 12-Month Low on Disappointing Earnings

DENSO Co. (OTCMKTS:DNZOYGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday following a weaker than expected earnings announcement. The stock traded as low as $12.33 and last traded at $12.74, with a volume of 240514 shares trading hands. The stock had previously closed at $12.80.

The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.03). DENSO had a return on equity of 8.04% and a net margin of 6.37%.

DENSO Stock Performance

The company has a current ratio of 1.97, a quick ratio of 1.36 and a debt-to-equity ratio of 0.10. The firm’s fifty day moving average is $13.72 and its 200 day moving average is $14.33. The company has a market cap of $37.35 billion, a PE ratio of 12.58 and a beta of 1.01.

About DENSO

(Get Free Report)

DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, rest of Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including thermal management heat pump system, heat pump air-conditioning systems, refrigerant products, personal heating and cooling devices, air quality system, heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units.

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