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

DENSO Co. (OTCMKTS:DNZOY) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.07 and traded as low as $12.90. DENSO shares last traded at $12.92, with a volume of 180,372 shares traded.

DENSO Stock Performance

The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.32 and a current ratio of 1.92. The stock’s 50 day moving average price is $13.34 and its 200 day moving average price is $14.07. The company has a market capitalization of $37.61 billion, a P/E ratio of 12.67 and a beta of 1.01.

DENSO (OTCMKTS:DNZOY) last released its 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%. As a group, equities analysts expect that DENSO Co. will post 1.05 EPS for the current year.

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.