Olympus (OTCMKTS:OCPNY) Share Price Passes Above 50-Day Moving Average – Here’s Why

Shares of Olympus Co. (OTCMKTS:OCPNYGet Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $18.00 and traded as high as $18.00. Olympus shares last traded at $18.00, with a volume of 400 shares.

Olympus Stock Performance

The stock’s fifty day simple moving average is $18.00 and its 200-day simple moving average is $18.00. 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 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.

About Olympus

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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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