Shares of Panasonic Holdings Co. (OTCMKTS:PCRFY – Get Free Report) passed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $9.36 and traded as low as $9.2150. Panasonic shares last traded at $9.36, with a volume of 100 shares changing hands.
Panasonic Stock Performance
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 firm has a market capitalization of $21.85 billion, a price-to-earnings ratio of 6.08, a PEG ratio of 0.55 and a beta of 1.03. The stock has a fifty day moving average price of $9.36 and a 200-day moving average price of $9.36.
About Panasonic
Panasonic Holdings Corporation is a Japanese technology and electronics company headquartered in Kadoma, Osaka. Founded in 1918 by Konosuke Matsushita, the company was originally known as Matsushita Electric Industrial and adopted the Panasonic name globally before becoming Panasonic Holdings Corporation in 2022 as part of a group reorganization.
Through its operating companies, Panasonic develops and sells consumer appliances, heating and cooling systems, televisions and other electronic products, as well as electrical equipment and industrial technologies.
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