Denso Corp. (DNZOY) Stock Rating Lowered by 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 report issued on Tuesday.
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. “
Denso Corp. (DNZOY) traded up 0.33% during trading on Tuesday, hitting $25.47. 7,629 shares of the stock traded hands. The company has a 50-day moving average price of $24.86 and a 200 day moving average price of $22.76. Denso Corp. has a one year low of $20.44 and a one year high of $25.71. The stock has a market cap of $39.72 billion, a PE ratio of 15.07 and a beta of 0.91.
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About Denso Corp.
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