Sumitomo Pharma (OTCMKTS:DNPUF) Rating Lowered to Hold at Jefferies Financial Group

Jefferies Financial Group cut shares of Sumitomo Pharma (OTCMKTS:DNPUF – Get Rating) from a buy rating to a hold rating in a report released on Monday, The Fly reports.

Sumitomo Pharma Stock Performance

Shares of OTCMKTS:DNPUF opened at $5.18 on Monday. Sumitomo Pharma has a 12 month low of $5.15 and a 12 month high of $8.67. The company’s fifty day simple moving average is $6.05 and its 200 day simple moving average is $6.71.

About Sumitomo Pharma

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Sumitomo Pharma Co, Ltd. engages in the manufacture and sale of pharmaceuticals, food ingredients and additives, veterinary medicines, and others in Japan, North America, China, and internationally. The company offers pharmaceutical products, such as therapeutic agents for Parkinson's disease, uterine fibroids, depression, type 2 diabetes, systemic fungal infection, hypertension, pruritus, advanced prostate cancer, overactive bladder, chronic obstructive pulmonary disease, angina pectoris, and arrhythmia.