DENSO (OTCMKTS:DNZOY) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Shares of DENSO Co. (OTCMKTS:DNZOYGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.63 and traded as low as $13.53. DENSO shares last traded at $13.55, with a volume of 111,689 shares changing hands.

DENSO Stock Performance

The firm has a fifty day moving average of $14.09 and a 200 day moving average of $14.63. The stock has a market cap of $39.44 billion, a price-to-earnings ratio of 17.83 and a beta of 1.02. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.97 and a quick ratio of 1.36.

DENSO Company Profile

(Get Free Report)

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.

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