Eisai (OTCMKTS:ESALY) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Eisai Co., Ltd. (OTCMKTS:ESALYGet Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $61.51 and traded as high as $63.29. Eisai shares last traded at $61.51, with a volume of 331,800 shares changing hands.

Eisai Stock Performance

The business’s fifty day moving average is $61.51 and its two-hundred 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 stock 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.

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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