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DENSO (OTCMKTS:DNZOY) Shares Pass Below Two Hundred Day Moving Average - Here's What Happened

DENSO logo with Auto/Tires/Trucks background

DENSO Co. (OTCMKTS:DNZOY - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.70 and traded as low as $13.49. DENSO shares last traded at $13.87, with a volume of 331,291 shares trading hands.

DENSO Stock Performance

The company has a quick ratio of 1.35, a current ratio of 1.91 and a debt-to-equity ratio of 0.09. The business has a 50 day moving average price of $14.19 and a 200 day moving average price of $14.68. The stock has a market cap of $39.21 billion, a P/E ratio of 17.72 and a beta of 1.02.

About DENSO

(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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