Panasonic (OTCMKTS:PCRFY) Share Price Passes Above Fifty Day Moving Average – Time to Sell?

Panasonic Holdings Co. (OTCMKTS:PCRFY)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $9.36 and traded as high as $9.36. Panasonic shares last traded at $9.36, with a volume of 100 shares traded.

Panasonic Stock Down 1.3 %

The business has a 50 day moving average of $9.36 and a 200-day moving average of $9.35. The stock has a market cap of $21.85 billion, a PE ratio of 6.08, a P/E/G ratio of 0.55 and a beta of 1.03. The company has a current ratio of 1.39, a quick ratio of 0.94 and a debt-to-equity ratio of 0.27.

Panasonic Company Profile

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.