Denso Corp. (OTCMKTS:DNZOY – Get Free Report) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 35,246 shares, an increase of 71.3% from the May 31st total of 20,571 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 685,502 shares, the short-interest ratio is presently 0.1 days.
Denso Stock Performance
OTCMKTS:DNZOY traded up $0.39 during trading hours on Thursday, hitting $11.89. 103,228 shares of the company traded hands, compared to its average volume of 191,591. The stock has a market capitalization of $34.61 billion, a price-to-earnings ratio of 11.11 and a beta of 0.95. Denso has a twelve month low of $11.18 and a twelve month high of $15.85. The firm has a 50-day moving average of $11.78 and a 200 day moving average of $12.77. The company has a current ratio of 1.91, a quick ratio of 1.28 and a debt-to-equity ratio of 0.10.
Denso (OTCMKTS:DNZOY – Get Free Report) last posted its quarterly earnings results on Monday, April 27th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.04. The company had revenue of $12.80 billion for the quarter, compared to analyst estimates of $11.85 billion. Denso had a net margin of 5.82% and a return on equity of 8.29%. On average, analysts forecast that Denso will post 0.95 EPS for the current year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on Denso
About Denso
Denso Corporation (OTCMKTS: DNZOY) is a global supplier of automotive technology, systems and components headquartered in Kariya, Aichi Prefecture, Japan. The company designs, manufactures and supplies a wide range of parts and systems for original equipment manufacturers (OEMs) and the aftermarket. Denso’s offerings span thermal systems, powertrain control, electrification components, electronic modules, sensors and actuators, and vehicle safety and driver assistance technologies.
Key product areas include climate control and HVAC components, radiators and heat exchangers, engine and fuel-management systems, starters and alternators, electronic control units (ECUs), sensors, and a growing portfolio of electrification products such as inverters, battery-management systems and charging components.
Featured Stories
- Five stocks we like better than Denso
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Receive News & Ratings for Denso Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Denso and related companies with MarketBeat.com's FREE daily email newsletter.
