Olympus (OTCMKTS:OCPNY) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Olympus Co. (OTCMKTS:OCPNYGet Free Report) 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 traded.

Olympus Trading Down 1.4 %

The company has a debt-to-equity ratio of 0.59, a current ratio of 1.99 and a quick ratio of 1.48. The company has a fifty day moving average of $18.00 and a 200-day moving average of $18.00. The firm has a market capitalization of $23.15 billion, a PE ratio of 21.95, a price-to-earnings-growth 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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