Olympus (OTCMKTS:OCPNY) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Shares of Olympus Co. (OTCMKTS:OCPNY) crossed below its 200-day moving average during trading on Thursday . 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 Price Performance

The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.48 and a current ratio of 1.99. The company has a market capitalization of $23.15 billion, a price-to-earnings ratio of 21.95, a P/E/G ratio of 1.07 and a beta of 0.70. The business has a 50 day moving average price of $18.00 and a 200-day moving average price of $18.00.

Olympus Company Profile

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.