Olympus (OTCMKTS:OCPNY) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Olympus Co. (OTCMKTS:OCPNYGet Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday . 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 changing hands.

Olympus Trading Down 1.4 %

The company has a market capitalization of $23.15 billion, a P/E ratio of 21.95, a price-to-earnings-growth ratio of 1.07 and a beta of 0.70. The business has a fifty day moving average price of $18.00 and a 200 day moving average price of $18.00. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.59.

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.

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