DENSO (OTCMKTS:DNZOY) Stock Price Passes Below 200-Day Moving Average - Here's What Happened

DENSO Co. (OTCMKTS:DNZOY - Get Free Report) crossed 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 Price Performance

The company has a market cap of $38.31 billion, a PE ratio of 12.90 and a beta of 1.04. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.92 and a quick ratio of 1.32. The stock's 50-day moving average is $13.33 and its 200 day moving average is $14.04.

DENSO (OTCMKTS:DNZOY - Get Free Report) last issued its quarterly earnings data on Friday, February 7th. The company reported $0.28 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%. On average, equities analysts anticipate that DENSO Co. will post 1.05 earnings per share for the current fiscal 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.