DENSO (OTCMKTS:DNZOY) Sets New 52-Week Low – Should You Sell?

DENSO Co. (OTCMKTS:DNZOYGet Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as $13.64 and last traded at $13.71, with a volume of 124364 shares. The stock had previously closed at $13.78.

DENSO Trading Down 0.7 %

The company’s fifty day moving average is $14.74 and its two-hundred day moving average is $15.80. The company has a quick ratio of 1.24, a current ratio of 1.79 and a debt-to-equity ratio of 0.09.

DENSO (OTCMKTS:DNZOYGet Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.21 earnings per share for the quarter. The company had revenue of $11.25 billion during the quarter. Research analysts predict that DENSO Co. will post 1.27 EPS for the current fiscal year.

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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