Toshiba (OTCMKTS:TOSYY) Stock Crosses Below 200-Day Moving Average – What’s Next?

Toshiba Corp. (OTCMKTS:TOSYYGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $14.92 and traded as low as $14.81. Toshiba shares last traded at $14.92, with a volume of 2,800 shares changing hands.

Toshiba Stock Up 0.1%

The company’s fifty day moving average price is $14.92 and its 200-day moving average price is $14.92.

About Toshiba

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Toshiba Corporation (OTCMKTS: TOSYY) is a Japanese multinational conglomerate headquartered in Tokyo, Japan. Established in 1939 through the merger of Tokyo Denki and Shibaura Seisakusho, the company traces its roots back to 1875. Over its history, Toshiba has expanded from electrical lighting and power equipment into a diversified technology enterprise with a global footprint.

The company operates through several core business segments. In its Energy Systems & Solutions division, Toshiba develops and supplies nuclear power equipment, steam turbines, and related services for power generation.

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