DENSO (OTCMKTS:DNZOY) Reaches New 12-Month Low Following Weak Earnings

DENSO Co. (OTCMKTS:DNZOY - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday following a weaker than expected earnings announcement. The stock traded as low as $12.33 and last traded at $12.74, with a volume of 240514 shares trading hands. The stock had previously closed at $12.80.

The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.03). DENSO had a net margin of 6.37% and a return on equity of 8.04%.

DENSO Stock Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.36 and a current ratio of 1.97. The stock has a fifty day simple moving average of $13.72 and a two-hundred day simple moving average of $14.33. The stock has a market cap of $37.35 billion, a PE ratio of 12.58 and a beta of 1.01.

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.