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

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

Olympus Stock Down 1.4 %

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 firm has a market capitalization of $23.15 billion, a P/E ratio of 21.95, a PEG ratio of 1.07 and a beta of 0.70. The stock has a 50 day moving average of $18.00 and a 200-day moving average of $18.00.

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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