Denso (OTCMKTS:DNZOY) Sets New 52-Week Low – Should You Sell?

Denso Corp. (OTCMKTS:DNZOY) reached a new 52-week low on Thursday . The stock traded as low as $11.29 and last traded at $11.60, with a volume of 107581 shares traded. The stock had previously closed at $11.85.

Analysts Set New Price Targets

Separately, Citigroup downgraded Denso from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Denso Price Performance

The company has a 50-day moving average of $11.90 and a two-hundred day moving average of $12.90. The stock has a market capitalization of $33.72 billion, a PE ratio of 10.83 and a beta of 0.95. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.91 and a quick ratio of 1.28.

Denso (OTCMKTS:DNZOY) last released its earnings results on Monday, April 27th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.04. Denso had a return on equity of 8.29% and a net margin of 5.82%.The firm had revenue of $12.80 billion for the quarter, compared to the consensus estimate of $11.85 billion. Sell-side analysts predict that Denso Corp. will post 0.95 EPS for the current fiscal year.

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.