Otsuka (OTCMKTS:OTSKY) Shares Gap Up – Still a Buy?

Otsuka Holdings Co., Ltd. – Unsponsored ADR (OTCMKTS:OTSKYGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $26.29, but opened at $26.95. Otsuka shares last traded at $26.9960, with a volume of 29,589 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Otsuka from a “strong sell” rating to a “hold” rating in a research note on Monday, October 13th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Get Our Latest Stock Report on Otsuka

Otsuka Price Performance

The business has a 50 day simple moving average of $27.35 and a 200-day simple moving average of $25.61.

About Otsuka

(Get Free Report)

Otsuka Holdings Co, Ltd. engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide. The company develops pharmaceutical products in the fields of psychiatry, neurology, oncology, cardiovascular and renal system, digestive system, ophthalmology, and diagnostics, as well as intravenous solutions and medical devices.

Further Reading

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