Eisai (OTCMKTS:ESALY) Shares Pass Below 50-Day Moving Average – Should You Sell?

Shares of Eisai Co., Ltd. (OTCMKTS:ESALYGet Free Report) passed below its 50-day moving average during trading on Friday . 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 traded.

Eisai Price Performance

The firm has a market capitalization of $17.64 billion, a PE ratio of 70.70, a P/E/G 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. The business’s 50 day moving average is $61.51 and its two-hundred day moving average is $61.51.

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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