Eisai (OTCMKTS:ESALY) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Eisai Co., Ltd. (OTCMKTS:ESALYGet Free Report)’s share price passed 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.

Eisai Stock Performance

The company has a debt-to-equity ratio of 0.10, a current ratio of 2.20 and a quick ratio of 1.77. The business has a 50 day moving average price of $61.51 and a 200 day moving average price of $61.51. The stock has a market capitalization of $17.64 billion, a PE ratio of 70.70, a PEG ratio of 2.46 and a beta of 0.31.

About Eisai

(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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