DENSO Co. (OTCMKTS:DNZOY) Sees Significant Increase in Short Interest

DENSO Co. (OTCMKTS:DNZOY) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 33,000 shares, a growth of 842.9% from the February 28th total of 3,500 shares. Based on an average trading volume of 340,500 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

DENSO Price Performance

DNZOY stock opened at $13.15 on Friday. DENSO has a one year low of $12.24 and a one year 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 firm has a market capitalization of $38.28 billion, a PE ratio of 12.89 and a beta of 1.04. The firm has a 50-day moving average of $13.21 and a two-hundred day moving average of $13.88.

DENSO (OTCMKTS:DNZOY) last issued its earnings results on Friday, February 7th. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.03). DENSO had a return on equity of 8.06% and a net margin of 6.37%. On average, analysts forecast 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.