Eisai (OTCMKTS:ESALY) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Eisai Co., Ltd. (OTCMKTS:ESALY)’s share price crossed below its 50 day moving average during trading on Wednesday . 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 traded.

Eisai Stock Down 2.1 %

The firm has a fifty day simple moving average of $61.51 and a 200-day simple moving average of $61.51. The company has a market capitalization of $17.64 billion, a P/E ratio of 70.70, a P/E/G 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.

About Eisai

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.