DENSO Co. (OTCMKTS:DNZOY) Short Interest Down 87.6% in February

DENSO Co. (OTCMKTS:DNZOY) saw a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 5,200 shares, a decrease of 87.6% from the January 31st total of 42,000 shares. Based on an average daily volume of 429,100 shares, the days-to-cover ratio is presently 0.0 days.

DENSO Price Performance

DNZOY traded up $0.13 during trading on Thursday, hitting $12.84. The company’s stock had a trading volume of 219,489 shares, compared to its average volume of 237,438. The firm has a market capitalization of $37.38 billion, a price-to-earnings ratio of 12.59 and a beta of 1.01. DENSO has a twelve month low of $12.24 and a twelve month high of $19.74. The business’s fifty day simple moving average is $13.38 and its 200 day simple moving average is $14.16. 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) last issued its quarterly earnings results on Friday, February 7th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.03). DENSO had a return on equity of 8.06% and a net margin of 6.37%. On average, equities research analysts forecast that DENSO will post 1.05 EPS for the current fiscal 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.