Olympus (OTCMKTS:OCPNY) Share Price Passes Below 200-Day Moving Average – What’s Next?

Olympus Co. (OTCMKTS:OCPNY) shares passed 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 trading hands.

Olympus Trading Down 1.4 %

The company’s 50-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 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

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.