Olympus (OTCMKTS:OCPNY) Stock Passes Below 200-Day Moving Average – Time to Sell?

Olympus Co. (OTCMKTS:OCPNYGet Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-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 traded.

Olympus Trading Down 1.4 %

The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.59. The company has a market cap of $23.15 billion, a P/E ratio of 21.95, a PEG 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.

About Olympus

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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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