Olympus (OTCMKTS:OCPNY) Stock Passes Below 200-Day Moving Average – What’s Next?

Shares of Olympus Co. (OTCMKTS:OCPNY) passed 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 changing hands.

Olympus Trading Down 1.4 %

The business’s 50 day simple moving average is $18.00 and its 200-day simple moving average is $18.00. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.99 and a quick ratio of 1.48. The stock has a market capitalization of $23.15 billion, a P/E ratio of 21.95, a PEG ratio of 1.07 and a beta of 0.70.

Olympus Company Profile

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.