DENSO Co. (OTCMKTS:DNZOY – Get Rating)’s stock price reached a new 52-week low on Friday . The company traded as low as $24.68 and last traded at $24.85, with a volume of 57706 shares trading hands. The stock had previously closed at $25.48.
Analyst Ratings Changes
Separately, Jefferies Financial Group upgraded DENSO from a “hold” rating to a “buy” rating in a research report on Thursday, July 7th.
DENSO Price Performance
The stock has a 50-day moving average of $27.34 and a two-hundred day moving average of $28.53. The firm has a market cap of $38.51 billion, a price-to-earnings ratio of 19.88 and a beta of 0.93. The company has a current ratio of 1.88, a quick ratio of 1.23 and a debt-to-equity ratio of 0.16.
DENSO Corporation develops, manufactures, and sells automotive parts in Japan, rest of Asia, North America, Europe, and internationally. It offers air-conditioning systems, including heat pump air-conditioning systems, control system and refrigerant products, air-conditioning 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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