Jefferies Group Analysts Decrease Earnings Estimates for Dena Co Ltd (DNACF)

Dena Co Ltd (OTCMKTS:DNACF) – Analysts at Jefferies Group cut their FY2019 earnings per share estimates for shares of Dena in a research note issued on Monday. Jefferies Group analyst A. Goyal now anticipates that the company will post earnings of $1.14 per share for the year, down from their prior estimate of $1.21.

Separately, Zacks Investment Research cut Dena from a “hold” rating to a “strong sell” rating in a research report on Wednesday.

Dena (OTCMKTS DNACF) traded down $0.18 on Wednesday, hitting $21.88. The stock had a trading volume of 99 shares, compared to its average volume of 422. The stock has a market capitalization of $3,317.82 and a P/E ratio of 11.17. Dena has a 1 year low of $19.32 and a 1 year high of $24.92.

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