DENSO (OTCMKTS:DNZOY) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

DENSO Co. (OTCMKTS:DNZOY) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.84 and traded as low as $12.73. DENSO shares last traded at $13.21, with a volume of 148,576 shares changing hands.

DENSO Stock Performance

The firm’s fifty day moving average price is $14.22 and its 200 day moving average price is $14.81. The firm has a market cap of $38.45 billion, a P/E ratio of 17.38 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.

About DENSO

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.