Panasonic (OTCMKTS:PCRFY) Shares Down 1.3% – What’s Next?

Panasonic Holdings Co. (OTCMKTS:PCRFY) fell 1.3% during mid-day trading on Monday . The stock traded as low as $9.22 and last traded at $9.36. 100 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 248,305 shares. The stock had previously closed at $9.48.

Analyst Ratings Changes

Separately, UBS Group raised Panasonic from a “sell” rating to a “neutral” rating in a report on Wednesday, October 2nd.

Panasonic Stock Performance

The firm’s 50 day simple moving average is $9.34 and its 200-day simple moving average is $9.35. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.94 and a current ratio of 1.39. The company has a market capitalization of $21.85 billion, a price-to-earnings ratio of 6.08, a P/E/G ratio of 0.55 and a beta of 1.03.

About Panasonic

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.