Olympus (OTCMKTS:OCPNY) Shares Pass Below 200 Day Moving Average – Time to Sell?

Olympus Co. (OTCMKTS:OCPNYGet Free Report) crossed below its 200-day moving average during trading on Friday . 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 Down 1.4 %

The firm has a fifty day simple moving average of $18.00 and a 200-day simple moving average of $18.00. The company has a market capitalization of $23.15 billion, a PE ratio of 21.95, a P/E/G ratio of 1.07 and a beta of 0.70. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.48 and a current ratio of 1.99.

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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