Short Interest in DENSO Co. (OTCMKTS:DNZOY) Expands By 285.1%

DENSO Co. (OTCMKTS:DNZOY - Get Free Report) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 18,100 shares, an increase of 285.1% from the May 15th total of 4,700 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 138,200 shares, the short-interest ratio is presently 0.1 days.

DENSO Stock Down 0.6%

Shares of DNZOY stock traded down $0.08 on Friday, reaching $13.22. 55,289 shares of the stock were exchanged, compared to its average volume of 215,561. 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 business's 50 day moving average price is $12.92 and its 200 day moving average price is $13.19. The company has a market capitalization of $38.48 billion, a price-to-earnings ratio of 12.96 and a beta of 0.98. DENSO has a twelve month low of $10.96 and a twelve month high of $16.58.

DENSO (OTCMKTS:DNZOY - Get Free Report) last issued its earnings results on Friday, April 25th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.29 by ($0.04). The firm had revenue of $13.01 billion for the quarter, compared to analyst estimates of $1,829.26 billion. DENSO had a return on equity of 8.06% and a net margin of 6.37%. As a group, sell-side analysts expect that DENSO will post 1.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded shares of DENSO to a "hold" rating in a research note on Monday, April 14th.

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.