Eisai (OTCMKTS:ESALY) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Eisai Co., Ltd. (OTCMKTS:ESALY)’s share price passed below its fifty day moving average during trading on Friday . 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 trading hands.

Eisai Price Performance

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

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.