Denso Corp. (OTCMKTS:DNZOY) Lowered to “Sell” at Zacks Investment Research

Denso Corp. (OTCMKTS:DNZOY) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “sell” rating in a research note issued on Tuesday, October 17th.

According to Zacks, “Denso Corporation is the global manufacturer and supplier of automotive technology, systems and auto parts. Its automotive supplies include advanced technology, systems and components in the areas of thermal, power train control, electric, electronics and information and safety. The Company’s product line includes body electronics, hybrid vehicle components, automatic identification products, industrial robots, programmable logic controllers; and products that provide engine management, climate control, driving control and safety. Products offered by Denso are: automotive air conditioning, heaters, cockpit modules, radiators, starters, alternators, concealed rear wipers, windshield wiper, washer systems, power windows, airbag sensing, lane keeping assist, electric power steering systems, battery ECU, DC-DC converters, integrated starter generators, electric compressors, car navigation systems, electronic toll collection systems, and data communication modules. Denso is headquartered in Kariya City, Japan. “

Shares of Denso Corp. (OTCMKTS:DNZOY) traded down $0.15 during trading on Tuesday, reaching $27.85. 2,664 shares of the company’s stock were exchanged, compared to its average volume of 9,924. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.05 and a quick ratio of 1.62. Denso Corp. has a 1 year low of $20.74 and a 1 year high of $28.12. The firm has a market capitalization of $44,470.00, a price-to-earnings ratio of 16.77, a P/E/G ratio of 1.64 and a beta of 0.98.

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Denso Corp. Company Profile

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