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

DENSO Co. (OTCMKTS:DNZOY) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $14.70 and traded as low as $13.49. DENSO shares last traded at $13.87, with a volume of 331,291 shares changing hands.

DENSO Stock Down 2.9 %

The firm has a market capitalization of $39.21 billion, a price-to-earnings ratio of 17.72 and a beta of 1.02. The stock has a fifty day moving average of $14.19 and a two-hundred day moving average of $14.68. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.91 and a quick ratio of 1.35.

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.