Panasonic (OTCMKTS:PCRFY) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Panasonic Holdings Co. (OTCMKTS:PCRFYGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $9.36 and traded as low as $9.22. Panasonic shares last traded at $9.36, with a volume of 100 shares traded.

Panasonic Stock Performance

The firm has a market capitalization of $21.85 billion, a price-to-earnings ratio of 6.08, a PEG ratio of 0.55 and a beta of 1.03. The firm has a 50 day moving average price of $9.36 and a 200-day moving average price of $9.35. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.94.

Panasonic Company Profile

(Get Free Report)

Panasonic Holdings Corporation, together with its subsidiaries, research, develops, manufactures, sells, and services various electrical and electronic products worldwide. It operates through five segments: Lifestyle, Automotive, Connect, Industry, and Energy. The Lifestyle segment offers refrigerators, microwave ovens, rice cookers, washing machines, lighting fixtures, vacuum cleaners, air-conditioners, air to water heat pump system, air purifiers/sterilizers, and freezing or refrigerating showcases, as well as ventilation and perflation equipment.

Further Reading

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