DENSO (OTCMKTS:DNZOY) Reaches New 12-Month Low – Here’s Why

Shares of DENSO Co. (OTCMKTS:DNZOY) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $12.24 and last traded at $12.64, with a volume of 182993 shares. The stock had previously closed at $12.78.

DENSO Stock Up 1.4 %

The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.32 and a current ratio of 1.92. The firm has a fifty day simple moving average of $13.43 and a 200-day simple moving average of $14.19. The company has a market capitalization of $37.32 billion, a PE ratio of 12.57 and a beta of 1.01.

DENSO (OTCMKTS:DNZOY) last posted its quarterly earnings data on Friday, February 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.03). DENSO had a return on equity of 8.06% and a net margin of 6.37%. Equities research analysts anticipate that DENSO Co. will post 1.05 EPS for the current fiscal 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.