Eisai (OTCMKTS:ESALY) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Shares of Eisai Co., Ltd. (OTCMKTS:ESALYGet Free Report) passed 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 trading hands.

Eisai Price Performance

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 company’s 50 day moving average is $61.51 and its 200 day moving average is $61.51. The firm has a market capitalization of $17.64 billion, a price-to-earnings ratio of 70.70, a P/E/G 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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