Sumitomo Pharma (OTCMKTS:DNPUF) Stock Price Down 23% – Here’s What Happened

Sumitomo Pharma Co., Ltd. (OTCMKTS:DNPUFGet Free Report) dropped 23% during mid-day trading on Monday . The stock traded as low as $12.88 and last traded at $12.88. Approximately 100 shares traded hands during trading, a decline of 91% from the average daily volume of 1,054 shares. The stock had previously closed at $16.7350.

Sumitomo Pharma Stock Performance

The company has a 50-day simple moving average of $14.94 and a 200-day simple moving average of $12.05.

Sumitomo Pharma Company Profile

(Get Free Report)

Sumitomo Pharma Co, Ltd., trading OTC under the ticker DNPUF, is a global pharmaceutical company headquartered in Osaka, Japan. It engages in the research, development, manufacturing and marketing of prescription medicines. As part of the broader Sumitomo Group, the company applies integrated drug discovery platforms and collaborative partnerships to bring innovative therapies to market.

The company’s portfolio encompasses central nervous system disorders, oncology, immunology and regenerative medicine.

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