DENSO (OTCMKTS:DNZOY) Shares Pass Above 50 Day Moving Average – Should You Sell?

DENSO Co. (OTCMKTS:DNZOY) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty 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 Price Performance

The stock has a market cap of $38.99 billion, a PE ratio of 13.13 and a beta of 1.04. The company has a quick ratio of 1.32, a current ratio of 1.92 and a debt-to-equity ratio of 0.08. The company’s fifty day moving average is $13.22 and its 200 day moving average is $13.89.

DENSO (OTCMKTS:DNZOY) last posted its earnings results 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%. As a group, sell-side analysts anticipate that DENSO Co. will post 1.05 earnings per share for the current fiscal 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.