Toshiba (OTCMKTS:TOSYY) Stock Passes Below 200-Day Moving Average of $19.23

Shares of Toshiba Co. (OTCMKTS:TOSYYGet Rating) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.23 and traded as low as $17.29. Toshiba shares last traded at $17.47, with a volume of 9,177 shares traded.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group cut shares of Toshiba from a “hold” rating to an “underperform” rating in a research note on Monday, November 14th.

Toshiba Price Performance

The company’s 50 day moving average price is $17.66 and its 200-day moving average price is $19.23. The company has a market capitalization of $15.13 billion, a PE ratio of 8.40 and a beta of 0.70. The company has a current ratio of 1.44, a quick ratio of 1.06 and a debt-to-equity ratio of 0.35.

Toshiba Company Profile

(Get Rating)

Toshiba Corporation, together with its subsidiaries, provides electronic devices and storage solutions worldwide. It operates through Energy Systems and Solutions, Infrastructure Systems and Solutions, Building Solutions, Retail and Printing Solutions, Electronic Devices and Storage Solutions, Digital Solutions, and Other segments.

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