Shares of Panasonic Holdings Co. (OTCMKTS:PCRFY – Get Free Report) passed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $9.36 and traded as low as $9.2150. Panasonic shares last traded at $9.36, with a volume of 100 shares trading hands.
Panasonic Trading Down 1.3%
The company has a current ratio of 1.39, a quick ratio of 0.94 and a debt-to-equity ratio of 0.27. The firm has a market cap of $21.85 billion, a PE ratio of 6.08, a P/E/G ratio of 0.55 and a beta of 1.03. The company’s 50-day moving average is $9.36 and its 200 day moving average is $9.36.
Panasonic Company Profile
Panasonic Holdings Corporation is a Japanese technology and electronics company headquartered in Kadoma, Osaka. Founded in 1918 by Konosuke Matsushita, the company was originally known as Matsushita Electric Industrial and adopted the Panasonic name globally before becoming Panasonic Holdings Corporation in 2022 as part of a group reorganization.
Through its operating companies, Panasonic develops and sells consumer appliances, heating and cooling systems, televisions and other electronic products, as well as electrical equipment and industrial technologies.
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