DENSO (OTCMKTS:DNZOY) Shares Cross Below 200-Day Moving Average – Should You Sell?

DENSO Co. (OTCMKTS:DNZOY) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.07 and traded as low as $12.90. DENSO shares last traded at $12.92, with a volume of 180,372 shares traded.

DENSO Stock Down 1.1 %

The firm has a 50-day simple moving average of $13.34 and a 200 day simple moving average of $14.07. The stock has a market capitalization of $37.61 billion, a P/E ratio of 12.67 and a beta of 1.01. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.92 and a quick ratio of 1.32.

DENSO (OTCMKTS:DNZOY) last issued its quarterly earnings data on Friday, February 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.03). DENSO had a net margin of 6.37% and a return on equity of 8.06%. On average, equities research analysts forecast that DENSO Co. will post 1.05 EPS for the current year.

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.