Toshiba (OTCMKTS:TOSYY) Stock Price Crosses Below 200 Day Moving Average of $17.27

Toshiba Co. (OTCMKTS:TOSYY – Get Rating)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.27 and traded as low as $15.33. Toshiba shares last traded at $15.48, with a volume of 57,185 shares changing hands.

Analysts Set New Price Targets

Separately, Jefferies Financial Group upgraded shares of Toshiba from an “underperform” rating to a “hold” rating in a report on Thursday, March 2nd.

Toshiba Stock Down 1.2 %

The firm has a 50 day moving average of $16.78 and a 200-day moving average of $17.27. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.41 and a quick ratio of 0.98. The stock has a market capitalization of $13.41 billion, a P/E ratio of 11.06 and a beta of 0.69.

Toshiba (OTCMKTS:TOSYY – Get Rating) last released its quarterly earnings data on Tuesday, February 14th. The company reported ($0.13) earnings per share (EPS) for the quarter. The firm had revenue of $5.49 billion for the quarter. Toshiba had a net margin of 5.04% and a return on equity of 11.81%. On average, equities research analysts expect that Toshiba Co. will post 1.03 earnings per share for the current fiscal year.

Toshiba Company Profile

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TOSHIBA Corp. engages in the manufacture and sale of electronic and electrical products. It operates through the following segments: Energy Systems, Infrastructure Systems, Retail & Printing, Storage & Device, Industrial ICT (Information and Communications Technology), and Others. The Energy Systems segment offers hydro-electric, solar, geothermal, nuclear, and thermal power generation facilities.