DENSO (OTCMKTS:DNZOY) Share Price Crosses Above 50-Day Moving Average – What’s Next?

DENSO Co. (OTCMKTS:DNZOYGet Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $12.70 and traded as high as $13.66. DENSO shares last traded at $13.66, with a volume of 186,143 shares traded.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised DENSO to a “hold” rating in a research note on Monday, April 14th.

Check Out Our Latest Analysis on DNZOY

DENSO Trading Up 0.4%

The stock has a market cap of $39.76 billion, a P/E ratio of 13.39 and a beta of 1.01. The company has a current ratio of 1.92, a quick ratio of 1.32 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average price of $12.70 and a two-hundred day moving average price of $13.40.

DENSO (OTCMKTS:DNZOYGet Free Report) last posted its quarterly earnings data on Friday, April 25th. The company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.04). DENSO had a net margin of 6.37% and a return on equity of 8.06%. The firm had revenue of $13.01 billion for the quarter, compared to the consensus estimate of $1,829.26 billion. On average, research analysts expect that DENSO Co. will post 1.05 EPS for the current fiscal year.

DENSO Company Profile

(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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