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

by · The Markets Daily

Olympus Co. (OTCMKTS:OCPNY – Get Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 trading hands.

Olympus Stock Performance

The company has a market capitalization of $23.15 billion, a PE ratio of 21.95, a PEG ratio of 1.07 and a beta of 0.70. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.59. The business has a 50 day simple moving average of $18.00 and a 200 day simple moving average of $18.00.

Olympus Company Profile

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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.

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