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

Shares of Sysmex Co. (OTCMKTS:SSMXY) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $18.44 and traded as low as $17.70. Sysmex shares last traded at $18.40, with a volume of 35,320 shares.

Sysmex Stock Performance

The company has a debt-to-equity ratio of 0.11, a current ratio of 3.19 and a quick ratio of 2.42. The firm has a market capitalization of $11.58 billion, a P/E ratio of 35.62 and a beta of 0.90. The stock’s 50 day moving average is $18.44 and its two-hundred day moving average is $19.12.

Sysmex (OTCMKTS:SSMXY) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.17 earnings per share for the quarter. As a group, equities analysts anticipate that Sysmex Co. will post 0.57 earnings per share for the current fiscal year.

Sysmex Company Profile

Sysmex Corporation engages in the development, manufacture, and sale of diagnostic instruments, reagents, and related software in Japan. It offers three-part and five-part white blood cell differentiation instruments for use in hematology; and transport systems for high-volume testing in labs. The company also provides automated urine particle analyzers; automated blood coagulation analyzers; automated immunochemistry systems, which perform assays on minute sample quantities, as well as reagents to test for infectious disease and tumor markers; and flow cytometers to perform analysis in diagnosing leukemia, malignant lymphoma, and HIV/AIDS.