Denso (OTCMKTS:DNZOY) Shares Gap Down - Should You Sell?

Shares of Denso Corp. (OTCMKTS:DNZOY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $13.23, but opened at $12.66. Denso shares last traded at $13.12, with a volume of 2,735 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein upgraded Denso to a "hold" rating in a research report on Monday, April 14th.

Denso Stock Performance

The stock has a 50 day moving average of $13.32 and a 200 day moving average of $13.09. The company has a quick ratio of 1.28, a current ratio of 1.85 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $38.16 billion, a price-to-earnings ratio of 13.66 and a beta of 0.97.

Denso (OTCMKTS:DNZOY - Get Free Report) last announced its quarterly earnings data on Friday, April 25th. The company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by ($0.04). The business had revenue of $13.01 billion during the quarter, compared to the consensus estimate of $1,829.26 billion. Denso had a net margin of 5.85% and a return on equity of 7.73%. As a group, analysts predict that Denso Corp. will post 1.05 EPS 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.