Panasonic (OTCMKTS:PCRFY) Earns Equal Weight Rating from Analysts at Morgan Stanley

Morgan Stanley assumed coverage on shares of Panasonic (OTCMKTS:PCRFY) in a research report released on Thursday, Marketbeat Ratings reports. The firm issued an equal weight rating on the stock.

Panasonic Stock Down 1.3 %

Shares of OTCMKTS PCRFY opened at $9.36 on Thursday. The business has a 50-day moving average of $9.36 and a 200-day moving average of $9.42. 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 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. Panasonic has a 12 month low of $8.59 and a 12 month high of $12.75.

About Panasonic

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.