Denso Corp. (OTCMKTS:DNZOY) Short Interest Update
by Jessica Moore · The Cerbat GemDenso Corp. (OTCMKTS:DNZOY – Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 51,777 shares, an increase of 522.3% from the December 15th total of 8,320 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 95,841 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 95,841 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the shares of the stock are short sold.
Denso Trading Up 0.7%
Denso stock traded up $0.10 during trading on Monday, hitting $14.12. The company’s stock had a trading volume of 85,168 shares, compared to its average volume of 103,244. The stock’s fifty day moving average is $13.45 and its 200 day moving average is $13.98. Denso has a 1-year low of $10.96 and a 1-year high of $15.85. The stock has a market capitalization of $41.10 billion, a price-to-earnings ratio of 16.42 and a beta of 1.07. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.16 and a current ratio of 1.73.
Denso (OTCMKTS:DNZOY – Get Free Report) last issued its quarterly earnings results on Friday, October 31st. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.31). Denso had a return on equity of 6.84% and a net margin of 4.92%.The business had revenue of $11.91 billion during the quarter, compared to analyst estimates of $11.67 billion. As a group, equities research analysts predict that Denso will post 1.05 EPS for the current year.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on DNZOY shares. The Goldman Sachs Group cut Denso from a “strong-buy” rating to a “neutral” rating in a report on Wednesday. Zacks Research lowered Denso from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce”.
View Our Latest Research Report on DNZOY
About Denso
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.