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Terumo (OTCMKTS:TRUMY) Stock Price Passes Below 50 Day Moving Average - Time to Sell?

Terumo logo with Medical background

Terumo Co. (OTCMKTS:TRUMY - Get Free Report)'s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $19.04 and traded as low as $17.73. Terumo shares last traded at $17.77, with a volume of 88,046 shares changing hands.

Terumo Stock Down 1.1 %

The stock has a market cap of $26.31 billion, a price-to-earnings ratio of 37.81 and a beta of 0.64. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.70 and a current ratio of 2.94. The firm's 50-day simple moving average is $19.04 and its two-hundred day simple moving average is $19.10.

Terumo (OTCMKTS:TRUMY - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.16 earnings per share for the quarter. The company had revenue of $1.73 billion during the quarter.

About Terumo

(Get Free Report)

Terumo Corporation engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally. The company operates through three segments: Cardiac and Vascular Company, Medical Care Solutions Company, and Blood and Cell Technologies Company.

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