Denso Corp. (OTCMKTS:DNZOY) Short Interest Update

Denso Corp. (OTCMKTS:DNZOY) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 8,320 shares, an increase of 302.7% from the November 30th total of 2,066 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 262,617 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 262,617 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut shares of Denso from a “hold” rating to a “strong sell” rating in a research report on Friday, November 28th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

Denso Stock Performance

Shares of Denso stock opened at $13.68 on Friday. The business has a 50-day moving average price of $13.68 and a two-hundred day moving average price of $13.93. Denso has a 1-year low of $10.96 and a 1-year high of $15.85. The company has a current ratio of 1.73, a quick ratio of 1.16 and a debt-to-equity ratio of 0.07. The company has a market cap of $39.82 billion, a P/E ratio of 15.91 and a beta of 1.12.

Denso (OTCMKTS:DNZOY) last released its quarterly earnings data on Friday, October 31st. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.31). Denso had a net margin of 4.92% and a return on equity of 6.84%. The company had revenue of $11.91 billion during the quarter, compared to the consensus estimate of $11.67 billion. As a group, analysts anticipate that Denso will post 1.05 EPS for the current 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.