Olympus (OTCMKTS:OCPNY) Share Price Passes Below 200 Day Moving Average – Here’s Why

Olympus Co. (OTCMKTS:OCPNYGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . 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.

Olympus Stock Performance

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

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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