DENSO (OTCMKTS:DNZOY) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

DENSO Co. (OTCMKTS:DNZOY)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.98 and traded as low as $13.09. DENSO shares last traded at $13.18, with a volume of 94,889 shares changing hands.

DENSO Stock Up 0.3 %

The company has a market capitalization of $38.37 billion, a PE ratio of 12.92 and a beta of 1.04. The firm’s 50-day simple moving average is $13.26 and its 200 day simple moving average is $13.97. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.32 and a current ratio of 1.92.

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

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.