DENSO (OTCMKTS:DNZOY) Shares Cross Above 50 Day Moving Average – Here’s Why

DENSO Co. (OTCMKTS:DNZOY)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $13.22 and traded as high as $13.84. DENSO shares last traded at $13.39, with a volume of 158,778 shares.

DENSO Stock Down 0.1 %

The company has a market cap of $39.24 billion, a P/E ratio of 13.22 and a beta of 1.04. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.92 and a quick ratio of 1.32. The stock has a fifty day moving average price of $13.22 and a two-hundred day moving average price of $13.88.

DENSO (OTCMKTS:DNZOY) last issued its quarterly earnings data on Friday, February 7th. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.03). DENSO had a net margin of 6.37% and a return on equity of 8.06%. On average, research analysts expect 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.