Eisai (OTCMKTS:ESALY) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Shares of Eisai Co., Ltd. (OTCMKTS:ESALYGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 Trading Down 2.1 %

The company 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’s fifty day moving average is $61.51 and its 200-day moving average is $61.51. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.20 and a quick ratio of 1.77.

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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