DENSO Co. (OTCMKTS:DNZOY - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.37 and traded as low as $12.79. DENSO shares last traded at $13.16, with a volume of 34,883 shares.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein raised shares of DENSO to a "hold" rating in a research report on Monday, April 14th.
Get Our Latest Stock Analysis on DENSO
DENSO Price Performance
The stock has a market cap of $38.34 billion, a price-to-earnings ratio of 12.91 and a beta of 1.01. The company's 50-day moving average is $12.69 and its 200-day moving average is $13.32. The company has a quick ratio of 1.32, a current ratio of 1.92 and a debt-to-equity ratio of 0.08.
DENSO (OTCMKTS:DNZOY - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.04). The firm had revenue of $13.01 billion for the quarter, compared to analyst estimates of $1,829.26 billion. DENSO had a return on equity of 8.06% and a net margin of 6.37%. Equities research analysts expect that DENSO Co. will post 1.05 earnings per share for the current fiscal year.
About DENSO
(
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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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