Eisai (OTCMKTS:ESALY) Shares Pass Below Fifty Day Moving Average – Time to Sell?

Eisai Co., Ltd. (OTCMKTS:ESALYGet Free Report)’s share 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 Price Performance

The company’s fifty day moving average is $61.51 and its 200 day moving average is $61.51. 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 market cap of $17.64 billion, a price-to-earnings 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.

Further Reading

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