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

Eisai Co., Ltd. (OTCMKTS:ESALY)’s stock price crossed 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 changing hands.

Eisai Trading Down 2.1 %

The firm has a market cap 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 has a 50-day simple moving average of $61.51 and a 200 day simple moving average of $61.51. The company has a current ratio of 2.20, a quick ratio of 1.77 and a debt-to-equity ratio of 0.10.

About Eisai

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.