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

Eisai Co., Ltd. (OTCMKTS:ESALY)’s share price 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 changing hands.

Eisai Stock Down 2.1 %

The company has a current ratio of 2.20, a quick ratio of 1.77 and a debt-to-equity ratio of 0.10. The firm’s 50 day moving average price is $61.51 and its 200-day moving average price is $61.51. The company has a market cap of $17.64 billion, a P/E ratio of 70.70, a price-to-earnings-growth ratio of 2.46 and a beta of 0.31.

Eisai Company Profile

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.