ValuEngine Downgrades Panasonic (PCRFY) to Hold

ValuEngine lowered shares of Panasonic (OTCMKTS:PCRFY) from a buy rating to a hold rating in a research report report published on Friday, December 1st.

Separately, Zacks Investment Research cut Panasonic from a buy rating to a hold rating in a research report on Wednesday, August 16th.

Panasonic (PCRFY) opened at $14.78 on Friday. The firm has a market capitalization of $33,537.96, a price-to-earnings ratio of 24.91, a PEG ratio of 0.83 and a beta of 1.43. The company has a quick ratio of 0.82, a current ratio of 1.14 and a debt-to-equity ratio of 0.54. Panasonic has a one year low of $10.05 and a one year high of $15.78.

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About Panasonic

Panasonic Corporation is engaged in the development of diverse electronics technologies and solutions. The Company operates through five segments: Appliances, Eco Solutions, AVC Networks, Automotive & Industrial Systems, and Other. The Appliances segment is engaged in the development, manufacture and sale of consumer electronics, air-conditioners, cold chain and devices.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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