Denso Corp. (OTCMKTS:DNZOY) Short Interest Update

Denso Corp. (OTCMKTS:DNZOY) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 31,722 shares, a decrease of 46.9% from the January 29th total of 59,723 shares. Based on an average daily trading volume, of 273,928 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 273,928 shares, the short-interest ratio is currently 0.1 days.

Denso Stock Performance

Shares of DNZOY traded down $0.05 during mid-day trading on Friday, hitting $14.28. 62,847 shares of the company’s stock were exchanged, compared to its average volume of 91,075. The company has a current ratio of 1.91, a quick ratio of 1.16 and a debt-to-equity ratio of 0.10. Denso has a fifty-two week low of $10.96 and a fifty-two week high of $15.85. The business’s 50 day moving average is $13.97 and its two-hundred day moving average is $14.07. The firm has a market capitalization of $41.57 billion, a P/E ratio of 15.52 and a beta of 1.06.

Denso (OTCMKTS:DNZOY) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by $0.04. Denso had a return on equity of 7.23% and a net margin of 5.12%.The firm had revenue of $12.24 billion during the quarter, compared to the consensus estimate of $11.88 billion. On average, equities analysts expect that Denso will post 1.05 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on DNZOY shares. Zacks Research upgraded shares of Denso from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. The Goldman Sachs Group lowered Denso from a “strong-buy” rating to a “neutral” rating in a report on Wednesday, January 7th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Denso Company Profile

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.