DENSO (OTCMKTS:DNZOY) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

DENSO Co. (OTCMKTS:DNZOY) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.98 and traded as low as $13.09. DENSO shares last traded at $13.18, with a volume of 94,889 shares traded.

DENSO Stock Up 0.3 %

The business’s fifty day simple moving average is $13.26 and its 200 day simple moving average is $13.98. The company has a current ratio of 1.92, a quick ratio of 1.32 and a debt-to-equity ratio of 0.08. The stock has a market cap of $38.37 billion, a price-to-earnings ratio of 12.92 and a beta of 1.04.

DENSO (OTCMKTS:DNZOY) last announced its quarterly earnings results on Friday, February 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.03). DENSO had a net margin of 6.37% and a return on equity of 8.06%. Equities analysts forecast that DENSO Co. will post 1.05 earnings per share 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.