DENSO Co. (OTCMKTS:DNZOY) Short Interest Down 87.6% in February

DENSO Co. (OTCMKTS:DNZOY) was the recipient of a significant drop in short interest in February. As of February 15th, there was short interest totalling 5,200 shares, a drop of 87.6% from the January 31st total of 42,000 shares. Based on an average daily trading volume, of 429,100 shares, the short-interest ratio is currently 0.0 days.

DENSO Price Performance

DENSO stock traded down $0.02 during mid-day trading on Friday, reaching $12.94. The company had a trading volume of 493,488 shares, compared to its average volume of 242,123. DENSO has a fifty-two week low of $12.24 and a fifty-two week high of $19.74. The company has a current ratio of 1.92, a quick ratio of 1.32 and a debt-to-equity ratio of 0.08. The company has a market cap of $37.67 billion, a P/E ratio of 12.69 and a beta of 1.01. The business has a fifty day simple moving average of $13.38 and a 200 day simple moving average of $14.14.

DENSO (OTCMKTS:DNZOY) last issued its earnings results on Friday, February 7th. The company reported $0.28 earnings per share 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 8.06%. On average, equities research analysts predict that DENSO will post 1.05 earnings per share for the current year.

DENSO Company Profile

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.