DENSO (OTCMKTS:DNZOY) Shares Pass Below Two Hundred Day Moving Average of $16.36

DENSO Co. (OTCMKTS:DNZOY) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $16.36 and traded as low as $14.84. DENSO shares last traded at $14.94, with a volume of 41,082 shares trading hands.

DENSO Stock Performance

The company has a market capitalization of $44.74 billion, a price-to-earnings ratio of 17.65 and a beta of 1.02. The company has a current ratio of 1.79, a quick ratio of 1.24 and a debt-to-equity ratio of 0.09. The stock’s 50 day moving average price is $14.99 and its 200 day moving average price is $16.36.

DENSO (OTCMKTS:DNZOY) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.21 earnings per share for the quarter. The firm had revenue of $11.25 billion for the quarter. Analysts expect that DENSO Co. will post 1.25 earnings per share for the current 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.