Olympus (OTCMKTS:OCPNY) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

Olympus Co. (OTCMKTS:OCPNY)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $18.00 and traded as high as $18.00. Olympus shares last traded at $18.00, with a volume of 400 shares changing hands.

Olympus Trading Down 1.4 %

The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.48 and a current ratio of 1.99. The firm has a market capitalization of $23.15 billion, a P/E ratio of 21.95, a price-to-earnings-growth ratio of 1.07 and a beta of 0.70. The firm has a 50 day moving average price of $18.00 and a two-hundred day moving average price of $18.00.

About Olympus

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.