Denso Corp. (OTCMKTS:DNZOY – Get Free Report) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 59,802 shares, a decrease of 52.0% from the July 15th total of 124,659 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 182,343 shares, the short-interest ratio is presently 0.3 days.
Denso Trading Down 0.1%
Shares of DNZOY traded down $0.01 on Tuesday, hitting $11.98. 45,162 shares of the stock traded hands, compared to its average volume of 174,057. Denso has a 1 year low of $11.18 and a 1 year high of $15.85. The stock’s 50 day moving average is $12.02 and its two-hundred day moving average is $12.39. The firm has a market capitalization of $34.87 billion, a P/E ratio of 11.63 and a beta of 0.95. The company has a quick ratio of 1.41, a current ratio of 2.09 and a debt-to-equity ratio of 0.10.
Denso (OTCMKTS:DNZOY – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.04). Denso had a return on equity of 7.71% and a net margin of 5.59%.The firm had revenue of $12.01 billion during the quarter, compared to analysts’ expectations of $11.42 billion. As a group, sell-side analysts predict that Denso will post 0.89 earnings per share for the current year.
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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.
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