Panasonic (OTCMKTS:PCRFY) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Panasonic Holdings Co. ( OTCMKTS:PCRFY – Get Free Report )’s share price passed below its 50-day moving average during trading on Friday . 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 changing hands. Panasonic Stock Performance The firm’s fifty day moving average price is $9.36 and its 200 day moving average price is $9.

35. 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 PE ratio of 6.08, a PEG ratio of 0.55 and a beta of 1.

03. 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 Stories 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 .

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