DENSO (OTCMKTS:DNZOY) Releases Quarterly Earnings Results, Misses Expectations By $0.03 EPS

DENSO (OTCMKTS:DNZOY) posted its quarterly earnings results on Friday. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.03), Zacks reports. DENSO had a net margin of 4.70% and a return on equity of 6.09%.

DENSO Price Performance

OTCMKTS:DNZOY traded up $0.38 during mid-day trading on Friday, hitting $14.20. 137,868 shares of the stock traded hands, compared to its average volume of 212,898. The company has a quick ratio of 1.36, a current ratio of 1.97 and a debt-to-equity ratio of 0.10. DENSO has a 12-month low of $12.57 and a 12-month high of $19.74. The company has a market cap of $41.34 billion, a PE ratio of 18.68 and a beta of 1.02. The business’s 50-day moving average price is $13.91 and its 200 day moving average price is $14.49.

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.