DENSO (OTCMKTS:DNZOY) Reaches New 12-Month Low – What’s Next?

DENSO Co. (OTCMKTS:DNZOY)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $12.24 and last traded at $12.64, with a volume of 182993 shares trading hands. The stock had previously closed at $12.78.

DENSO Stock Performance

The company has a debt-to-equity ratio of 0.08, a current ratio of 1.92 and a quick ratio of 1.32. The stock has a 50-day simple moving average of $13.48 and a 200-day simple moving average of $14.21. The stock has a market cap of $36.79 billion, a P/E ratio of 12.39 and a beta of 1.01.

DENSO (OTCMKTS:DNZOY) last released its earnings results on Friday, February 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.03). DENSO had a net margin of 6.37% and a return on equity of 8.06%. Research analysts forecast that DENSO Co. will post 1.05 earnings per share for the current year.

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.