Panasonic (OTCMKTS:PCRFY) Stock Price Down 1.3% – What’s Next?

by · The Markets Daily

Panasonic Holdings Co. (OTCMKTS:PCRFY – Get Free Report) traded down 1.3% on Monday. The stock traded as low as $9.2150 and last traded at $9.36. Approximately 100 shares changed hands during trading, a decline of 100% from the average daily volume of 248,305 shares. The stock had previously closed at $9.48.

Panasonic Stock Down 1.3%

The company has a market cap of $21.85 billion, a P/E ratio of 6.08, a PEG ratio of 0.55 and a beta of 1.03. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.94. The business’s 50 day moving average price is $9.36 and its 200-day moving average price is $9.36.

About Panasonic

(Get Free Report)

Panasonic Holdings Corporation is a Japan-based diversified technology company and the parent organization of the Panasonic Group. Founded in 1918 by Konosuke Matsushita, the company was formerly known as Matsushita Electric Industrial Co, Ltd. and adopted the Panasonic name in 2008. In 2022, it transitioned to a holding-company structure to oversee a range of operating businesses.

Panasonic’s businesses include energy systems, automotive technologies, industrial solutions, connected workplace and supply-chain systems, and consumer electronics and appliances.

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