Panasonic (OTCMKTS:PCRFY) Shares Down 1.3% – Time to Sell?
by Amy Steele · The Cerbat GemPanasonic Holdings Co. (OTCMKTS:PCRFY – Get Free Report)’s share price was down 1.3% during trading on Friday . The stock traded as low as $9.2150 and last traded at $9.36. Approximately 100 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 248,305 shares. The stock had previously closed at $9.48.
Panasonic Price Performance
The firm has a fifty day moving average price of $9.36 and a two-hundred day moving average price of $9.36. The company has a quick ratio of 0.94, a current ratio of 1.39 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $21.85 billion, a P/E ratio of 6.08, a P/E/G ratio of 0.55 and a beta of 1.03.
About Panasonic
Panasonic Corporation is a Japanese multinational electronics company founded in 1918 by Konosuke Matsushita and headquartered in Osaka, Japan. Originally incorporated as Matsushita Electric Industrial Co, Ltd., the company adopted the Panasonic brand globally and has a long history in consumer electronics and electrical goods. Panasonic operates worldwide with a presence across Asia, Europe, the Americas and other regions, serving both retail consumers and a broad range of business customers.
The company’s core activities span consumer and professional electronics, home appliances, audio-visual products, and personal-care items, as well as a substantial industrial and B2B portfolio.