DENSO (OTCMKTS:DNZOY) Hits New 1-Year Low After Earnings Miss

DENSO Co. (OTCMKTS:DNZOYGet Free Report) hit a new 52-week low on Monday after the company announced weaker than expected quarterly earnings. The stock traded as low as $12.33 and last traded at $12.74, with a volume of 240514 shares changing hands. The stock had previously closed at $12.80.

The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.03). DENSO had a return on equity of 8.04% and a net margin of 6.37%.

DENSO Trading Down 0.5 %

The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.36 and a current ratio of 1.97. The company has a market capitalization of $37.09 billion, a price-to-earnings ratio of 12.49 and a beta of 1.01. The business’s 50 day moving average price is $13.75 and its two-hundred day moving average price is $14.35.

DENSO Company Profile

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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.

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