Panasonic Holdings Co. (OTCMKTS:PCRFY – Get Free Report) fell 1.3% during trading on Monday. The stock traded as low as $9.2150 and last traded at $9.36. Approximately 100 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 248,305 shares. The stock had previously closed at $9.48.
Panasonic Trading Down 1.3%
The stock has a market cap of $21.85 billion, a price-to-earnings ratio of 6.08, a price-to-earnings-growth ratio of 0.55 and a beta of 1.03. The firm’s 50 day moving average is $9.36 and its two-hundred day moving average is $9.36. The company has a quick ratio of 0.94, a current ratio of 1.39 and a debt-to-equity ratio of 0.27.
About Panasonic
Panasonic Holdings Corporation is a Japan-based diversified technology company and the parent organization of the Panasonic Group. Founded in 1918 by Konosuke Matsushita, the company was formerly known as Matsushita Electric Industrial Co, Ltd. and adopted the Panasonic name in 2008. In 2022, it transitioned to a holding-company structure to oversee a range of operating businesses.
Panasonic’s businesses include energy systems, automotive technologies, industrial solutions, connected workplace and supply-chain systems, and consumer electronics and appliances.
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