Eisai (OTCMKTS:ESALY) Share Price Passes Below 50-Day Moving Average – Time to Sell?

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

Eisai Stock 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 has a quick ratio of 1.77, a current ratio of 2.20 and a debt-to-equity ratio of 0.10. The firm has a 50-day moving average of $61.51 and a two-hundred day moving average of $61.51.

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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