Olympus (OTCMKTS:OCPNY) Shares Cross Above 50-Day Moving Average – Should You Sell?

Olympus Co. (OTCMKTS:OCPNY)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty 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 trading hands.

Olympus Trading Down 1.4 %

The business’s 50-day simple moving average is $18.00 and its 200-day simple moving average is $18.00. The company has a market cap of $23.15 billion, a PE ratio of 21.95, a P/E/G ratio of 1.07 and a beta of 0.70. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 0.59.

Olympus Company Profile

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.