Eisai (OTCMKTS:ESALY) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

Eisai Co., Ltd. (OTCMKTS:ESALYGet Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $61.51 and traded as low as $61.00. Eisai shares last traded at $61.51, with a volume of 331,800 shares trading hands.

Eisai Stock Down 2.1 %

The company’s fifty day simple moving average is $61.51 and its 200-day simple moving average is $61.51. The firm has a market capitalization of $17.64 billion, a PE ratio of 70.70, a price-to-earnings-growth ratio of 2.46 and a beta of 0.31. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.20 and a quick ratio of 1.77.

Eisai Company Profile

(Get Free Report)

Eisai Co, Ltd. engages in the development, manufacture, and sale of prescription medicines and over-the-counter products. It operates through the Pharmaceutical Products Business and Other Business segments. The Pharmaceutical Products Business segment handles prescription and generic drugs, diagnostics, and consumer healthcare business in Japan, which manages over-the-counter drugs.

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