DENSO (OTCMKTS:DNZOY) Shares Cross Below 200-Day Moving Average – Here’s Why

DENSO Co. (OTCMKTS:DNZOY)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.84 and traded as low as $12.73. DENSO shares last traded at $13.21, with a volume of 148,576 shares changing hands.

DENSO Price Performance

The company has a quick ratio of 1.35, a current ratio of 1.91 and a debt-to-equity ratio of 0.09. The firm’s fifty day moving average price is $14.25 and its 200 day moving average price is $14.84. The stock has a market cap of $38.45 billion, a PE ratio of 17.38 and a beta of 1.02.

DENSO Company Profile

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.