Panasonic (OTCMKTS:PCRFY) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Panasonic Holdings Co. (OTCMKTS:PCRFYGet Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 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.

Panasonic Trading Down 1.3%

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

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.

Featured Articles

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