Olympus (OTCMKTS:OCPNY) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Olympus Co. (OTCMKTS:OCPNYGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $18.00 and traded as low as $18.00. Olympus shares last traded at $18.00, with a volume of 400 shares.

Olympus Price Performance

The company has a 50-day simple moving average of $18.00 and a 200-day simple moving average of $18.00. The stock has a market cap of $23.15 billion, a PE ratio of 21.95, a PEG ratio of 1.07 and a beta of 0.70. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.99 and a quick ratio of 1.48.

Olympus Company Profile

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Olympus Corp. engages in the manufacture and sale of precision machineries and instruments. It operates through the following segments: Medical, Scientific Solutions, Imaging, and Others. The Medical segment covers digestive, surgical, and ultrasonic endoscopy as well as endoscopic treatment tools. The Scientific Solutions segment manufactures and sells biological and industrial microscopes, industrial endoscopes, and non-destructive testing equipment.

Further Reading

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