DENSO Co. (OTCMKTS:DNZOY – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday after the company announced weaker than expected quarterly earnings. The company traded as low as $12.33 and last traded at $12.74, with a volume of 240514 shares. The stock had previously closed at $12.80.
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 return on equity of 8.04% and a net margin of 6.37%.
DENSO Stock Down 0.5 %
The stock has a market capitalization of $37.09 billion, a P/E ratio of 12.49 and a beta of 1.01. The company has a current ratio of 1.97, a quick ratio of 1.36 and a debt-to-equity ratio of 0.10. The stock’s 50 day simple moving average is $13.75 and its 200 day simple moving average is $14.35.
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.
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