Olympus (OTCMKTS:OCPNY) Shares Cross Below 200-Day Moving Average – Here’s Why

Olympus Co. (OTCMKTS:OCPNY) passed below its two hundred day moving average during trading on Friday . 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 traded.

Olympus Price Performance

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 company has a 50-day simple moving average of $18.00 and a 200-day simple moving average of $18.00. The company has a market cap of $23.15 billion, a price-to-earnings 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.