DENSO Co. (OTCMKTS:DNZOY) Short Interest Update

DENSO Co. (OTCMKTS:DNZOY - Get Free Report) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 4,900 shares, a drop of 97.8% from the March 31st total of 223,700 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 1,102,200 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

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

DENSO Stock Down 0.8 %

OTCMKTS DNZOY traded down $0.11 during trading on Wednesday, reaching $12.90. 126,837 shares of the company's stock were exchanged, compared to its average volume of 260,407. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.32 and a current ratio of 1.92. DENSO has a 1 year low of $10.96 and a 1 year high of $17.55. The stock has a market cap of $37.55 billion, a P/E ratio of 12.65 and a beta of 0.99. The company has a 50 day moving average price of $12.63 and a two-hundred day moving average price of $13.45.

DENSO (OTCMKTS:DNZOY - Get Free Report) last announced its quarterly earnings results on Friday, April 25th. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.04). The company had revenue of $13.01 billion during the quarter, compared to analysts' expectations of $1,829.26 billion. DENSO had a net margin of 6.37% and a return on equity of 8.06%. On average, equities research analysts anticipate that DENSO will post 1.05 EPS for the current fiscal 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.