Olympus (OTCMKTS:OCPNY) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Olympus Co. (OTCMKTS:OCPNYGet Free Report) shares passed below its two hundred day moving average during trading on Tuesday . 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 trading hands.

Olympus Stock Down 1.4 %

The stock’s 50-day moving average price is $18.00 and its two-hundred day moving average price is $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 stock has a market capitalization of $23.15 billion, a P/E ratio of 21.95, a P/E/G ratio of 1.07 and a beta of 0.70.

About Olympus

(Get Free Report)

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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