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

DENSO logo with Consumer Cyclical background

DENSO Co. (OTCMKTS:DNZOY - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $15.90 and traded as low as $13.76. DENSO shares last traded at $13.78, with a volume of 258,228 shares traded.

DENSO Stock Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.24 and a current ratio of 1.79. The business's 50-day moving average price is $14.75 and its 200 day moving average price is $15.87.

DENSO (OTCMKTS:DNZOY - Get Free Report) last released its earnings results on Wednesday, July 31st. The company reported $0.21 EPS for the quarter. The firm had revenue of $11.25 billion for the quarter. As a group, equities research analysts anticipate that DENSO Co. will post 1.27 earnings per share for the current year.

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.

Further Reading

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