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

DENSO Co. (OTCMKTS:DNZOY) 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:DNZOY) 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

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.