DENSO Co. (OTCMKTS:DNZOY) Sees Large Drop in Short Interest

DENSO Co. (OTCMKTS:DNZOYGet Free Report) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 3,500 shares, a decrease of 32.7% from the February 13th total of 5,200 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 595,600 shares, the short-interest ratio is presently 0.0 days.

DENSO Trading Up 0.3 %

DENSO stock opened at $13.18 on Friday. The company has a current ratio of 1.92, a quick ratio of 1.32 and a debt-to-equity ratio of 0.08. The stock’s 50 day simple moving average is $13.26 and its two-hundred day simple moving average is $13.97. The firm has a market cap of $38.37 billion, a PE ratio of 12.92 and a beta of 1.04. DENSO has a 12 month low of $12.24 and a 12 month high of $19.74.

DENSO (OTCMKTS:DNZOYGet Free Report) last released its earnings results on Friday, February 7th. 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 8.06% and a net margin of 6.37%. Analysts anticipate that DENSO will post 1.05 earnings per share for the current year.

About DENSO

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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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