DENSO (OTCMKTS:DNZOY) Reaches New 1-Year Low - Here's Why

DENSO Co. (OTCMKTS:DNZOY - Get Free Report)'s share price reached a new 52-week low on Tuesday . The company traded as low as $12.19 and last traded at $12.42, with a volume of 315127 shares traded. The stock had previously closed at $12.44.

DENSO Price Performance

The stock has a 50-day moving average price of $13.01 and a two-hundred day moving average price of $13.79. The stock has a market cap of $32.54 billion, a price-to-earnings ratio of 10.96 and a beta of 1.04. The company has a current ratio of 1.92, a quick ratio of 1.32 and a debt-to-equity ratio of 0.08.

DENSO (OTCMKTS:DNZOY - Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by ($0.03). DENSO had a return on equity of 8.06% and a net margin of 6.37%. As a group, equities research analysts forecast that DENSO Co. will post 1.05 EPS 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.