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

DENSO logo with Auto/Tires/Trucks background

DENSO Co. (OTCMKTS:DNZOY - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.75 and traded as low as $13.28. DENSO shares last traded at $13.78, with a volume of 63,518 shares.

DENSO Price Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.35 and a current ratio of 1.91. The company has a market capitalization of $40.06 billion, a PE ratio of 18.11 and a beta of 1.02. The company's 50-day simple moving average is $14.22 and its 200-day simple moving average is $14.74.

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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