Panasonic (PCRFY) Cut to “Hold” at ValuEngine

Panasonic (OTCMKTS:PCRFY) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

Separately, Zacks Investment Research upgraded shares of Panasonic from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd.

Panasonic (OTCMKTS PCRFY) traded down $0.40 during trading on Friday, hitting $14.62. 177,422 shares of the stock traded hands, compared to its average volume of 161,080. The stock has a market capitalization of $34,858.59, a P/E ratio of 25.90, a P/E/G ratio of 0.86 and a beta of 1.43. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.14. Panasonic has a 1-year low of $10.05 and a 1-year high of $15.78.

TRADEMARK VIOLATION NOTICE: This article was first published by American Banking News and is owned by of American Banking News. If you are accessing this article on another domain, it was illegally stolen and reposted in violation of international copyright law. The original version of this article can be read at

About Panasonic

Panasonic Corporation is engaged in the development of diverse electronics technologies and solutions. The Company operates through five segments: Appliances, Eco Solutions, AVC Networks, Automotive & Industrial Systems, and Other. The Appliances segment is engaged in the development, manufacture and sale of consumer electronics, air-conditioners, cold chain and devices.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Panasonic Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Panasonic Co. and related companies with's FREE daily email newsletter.

Leave a Reply