Eisai (OTCMKTS:ESALY) Stock Price Down 2.1% – What’s Next?

Eisai Co., Ltd. (OTCMKTS:ESALY)’s share price dropped 2.1% on Monday . The stock traded as low as $61.00 and last traded at $61.51. Approximately 331,800 shares traded hands during mid-day trading, an increase of 445% from the average daily volume of 60,916 shares. The stock had previously closed at $62.8350.

Eisai Price Performance

The stock has a 50-day simple moving average of $61.51 and a 200 day simple moving average of $61.51. The company has a market cap of $17.64 billion, a PE 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.

Eisai Company Profile

Eisai Co, Ltd. is a research-driven global pharmaceutical company headquartered in Tokyo, Japan. Founded in 1941 by Toyoji Naito, Eisai focuses on the discovery, development, manufacture and commercialization of prescription medicines and related healthcare products. The company emphasizes neuroscience and oncology as core therapeutic areas and invests in both small-molecule and biologic research to address unmet medical needs.

Among its well-known products, Eisai developed and markets Aricept (donepezil), a widely used treatment for the symptoms of Alzheimer’s disease, and LENVIMA (lenvatinib), an oncology therapy for several tumor types.