DENSO (OTCMKTS:DNZOY) Hits New 1-Year Low on Disappointing Earnings

DENSO Co. (OTCMKTS:DNZOY) reached a new 52-week low during mid-day trading on Monday following a dissappointing earnings announcement. The company traded as low as $12.33 and last traded at $12.74, with a volume of 240514 shares trading hands. The stock had previously closed at $12.80.

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

DENSO Stock Up 0.7 %

The firm has a market cap of $37.35 billion, a PE ratio of 12.58 and a beta of 1.01. The business has a 50-day moving average price of $13.72 and a two-hundred day moving average price of $14.33. The company has a quick ratio of 1.36, a current ratio of 1.97 and a debt-to-equity ratio of 0.10.

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.