Eisai (OTCMKTS:ESALY) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Eisai Co., Ltd. (OTCMKTS:ESALY)’s share price crossed 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 traded.

Eisai Price Performance

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