Olympus (OTCMKTS:OCPNY) Shares Cross Above 50-Day Moving Average – What’s Next?

Olympus Co. (OTCMKTS:OCPNYGet Free Report) passed above its 50 day moving average during trading on Monday . 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 Trading Down 1.4 %

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

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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