Panasonic Co. (OTCMKTS:PCRFY)’s stock price was up 2.4% on Monday . The stock traded as high as $9.54 and last traded at $9.43. Approximately 229,057 shares changed hands during trading, an increase of 1% from the average daily volume of 227,095 shares. The stock had previously closed at $9.21.
Separately, Zacks Investment Research cut Panasonic from a “buy” rating to a “hold” rating in a report on Tuesday, August 4th.
The firm has a market capitalization of $23.01 billion, a price-to-earnings ratio of 14.43 and a beta of 1.10. The company has a fifty day moving average of $9.02 and a two-hundred day moving average of $8.43. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.94 and a current ratio of 1.27.
Panasonic Company Profile (OTCMKTS:PCRFY)
Panasonic Corp. engages in the development, manufacture, and sale of electrical products. It operates through the following segments: Appliances, Eco Solutions, Connected Solutions Company, Automotive and Industrial Systems, and Others. The Appliances segment develops and manufactures white goods such as vacuum cleaner, washing machine, refrigerator, and air conditioner; as well as health and beauty products.
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