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

Eisai Co., Ltd. (OTCMKTS:ESALYGet Free Report) shares passed below its fifty day moving average during trading on Tuesday . 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.

Eisai Stock Down 2.1%

The firm 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 business has a 50-day moving average price of $61.51 and a 200-day moving average price of $61.51.

Eisai Company Profile

(Get Free Report)

Eisai Co, Ltd. is a research-driven global pharmaceutical company headquartered in Tokyo, Japan. Founded in 1941 by Toyoji Naito, Eisai focuses on the discovery, development, manufacture and commercialization of prescription medicines and related healthcare products. The company emphasizes neuroscience and oncology as core therapeutic areas and invests in both small-molecule and biologic research to address unmet medical needs.

Among its well-known products, Eisai developed and markets Aricept (donepezil), a widely used treatment for the symptoms of Alzheimer’s disease, and LENVIMA (lenvatinib), an oncology therapy for several tumor types.

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