Panasonic (OTCMKTS:PCRFY) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Panasonic Holdings Co. (OTCMKTS:PCRFYGet Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $9.36 and traded as low as $9.22. Panasonic shares last traded at $9.36, with a volume of 100 shares changing hands.

Panasonic Trading Down 1.3 %

The company has a market cap of $21.85 billion, a price-to-earnings ratio of 6.08, a PEG ratio of 0.55 and a beta of 1.03. The stock has a 50-day simple moving average of $9.36 and a 200 day simple moving average of $9.35. The company has a current ratio of 1.39, a quick ratio of 0.94 and a debt-to-equity ratio of 0.27.

About Panasonic

(Get Free Report)

Panasonic Holdings Corporation, together with its subsidiaries, research, develops, manufactures, sells, and services various electrical and electronic products worldwide. It operates through five segments: Lifestyle, Automotive, Connect, Industry, and Energy. The Lifestyle segment offers refrigerators, microwave ovens, rice cookers, washing machines, lighting fixtures, vacuum cleaners, air-conditioners, air to water heat pump system, air purifiers/sterilizers, and freezing or refrigerating showcases, as well as ventilation and perflation equipment.

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