Panasonic (OTCMKTS:PCRFY) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Panasonic Holdings Co. (OTCMKTS:PCRFYGet Free Report)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $9.36 and traded as low as $9.22. Panasonic shares last traded at $9.36, with a volume of 100 shares.

Panasonic Stock Down 1.3 %

The company has a current ratio of 1.39, a quick ratio of 0.94 and a debt-to-equity ratio of 0.27. The stock has a market cap of $21.85 billion, a P/E ratio of 6.08, a PEG ratio of 0.55 and a beta of 1.03. The firm has a 50-day simple moving average of $9.36 and a two-hundred day simple moving average of $9.35.

About Panasonic

(Get Free Report)

Panasonic Holdings Corporation, together with its subsidiaries, research, develops, manufactures, sells, and services various electrical and electronic products worldwide. It operates through five segments: Lifestyle, Automotive, Connect, Industry, and Energy. The Lifestyle segment offers refrigerators, microwave ovens, rice cookers, washing machines, lighting fixtures, vacuum cleaners, air-conditioners, air to water heat pump system, air purifiers/sterilizers, and freezing or refrigerating showcases, as well as ventilation and perflation equipment.

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