Olympus (OTCMKTS:OCPNY) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Olympus Co. (OTCMKTS:OCPNYGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $18.00 and traded as high as $18.00. Olympus shares last traded at $18.00, with a volume of 400 shares.

Olympus Stock Down 1.4%

The firm 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 company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.59. The company’s 50 day moving average price is $18.00 and its 200 day moving average price is $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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