Olympus Co. (OTCMKTS:OCPNY – Get Rating) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 152,400 shares, an increase of 1,651.7% from the March 31st total of 8,700 shares. Based on an average daily trading volume, of 555,800 shares, the short-interest ratio is currently 0.3 days.
OTCMKTS:OCPNY remained flat at $$18.79 during midday trading on Wednesday. The company had a trading volume of 141,328 shares, compared to its average volume of 400,814. The business’s 50-day simple moving average is $19.10 and its two-hundred day simple moving average is $20.90. Olympus has a 52-week low of $16.80 and a 52-week high of $24.26. The company has a current ratio of 1.97, a quick ratio of 1.47 and a debt-to-equity ratio of 0.71.
Olympus (OTCMKTS:OCPNY – Get Rating) last posted its earnings results on Friday, February 4th. The company reported $0.17 EPS for the quarter. The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.86 billion. Equities analysts forecast that Olympus will post 0.72 EPS for the current year.
About Olympus (Get Rating)
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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