DENSO (OTCMKTS:DNZOY) Shares Pass Below 200 Day Moving Average – Here’s What Happened

DENSO Co. (OTCMKTS:DNZOY)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $15.23 and traded as low as $14.60. DENSO shares last traded at $14.64, with a volume of 142,344 shares trading hands.

DENSO Trading Down 0.5 %

The company has a 50 day moving average price of $14.47 and a 200 day moving average price of $15.23. The firm has a market cap of $43.85 billion, a price-to-earnings ratio of 19.26 and a beta of 1.02. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.35 and a current ratio of 1.91.

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.