Olympus (OTCMKTS:OCPNY) Shares Cross Above Fifty Day Moving Average of $21.92

Olympus Co. (OTCMKTS:OCPNYGet Rating) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $21.92 and traded as high as $21.99. Olympus shares last traded at $21.17, with a volume of 85,830 shares changing hands.

Olympus Trading Up 0.4 %

The stock has a market cap of $26.76 billion, a P/E ratio of 25.28, a P/E/G ratio of 1.37 and a beta of 0.65. The stock has a 50-day moving average price of $21.97 and a 200-day moving average price of $20.38. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.48 and a current ratio of 1.99.

Olympus (OTCMKTS:OCPNYGet Rating) last announced its quarterly earnings data on Tuesday, August 9th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). Olympus had a net margin of 13.80% and a return on equity of 24.30%. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.67 billion. On average, equities research analysts expect that Olympus Co. will post 1.36 EPS for the current year.

Olympus Company Profile

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Olympus Corporation manufactures and sells precision machineries and instruments worldwide. It operates through four segments: Endoscopic Solutions Business, Therapeutic Solutions Business, Scientific Solutions Business, and Others. The Endoscopic Solutions Business segment offers gastrointestinal and surgical endoscopes, endoscopy system, and repair services.

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