TV Asahi (OTCMKTS:THDDY) Stock Price Up 7.3% – Time to Buy?

TV Asahi Holdings Co. (OTCMKTS:THDDYGet Free Report) shot up 7.3% during mid-day trading on Monday . The company traded as high as $23.33 and last traded at $23.33. 613 shares changed hands during trading, an increase of 102% from the average session volume of 304 shares. The stock had previously closed at $21.75.

TV Asahi Stock Up 7.3%

The business has a fifty day moving average of $21.51 and a 200 day moving average of $20.94.

About TV Asahi

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TV Asahi Corporation is a leading Japanese television broadcaster engaged in the production and distribution of a wide range of media content. The company operates terrestrial and digital television networks under the Asahi brand, offering news, variety shows, dramas, sports coverage, and animation programming. Through its main broadcast channel and affiliated regional stations, TV Asahi delivers content across Japan, while also licensing select formats and programs for overseas distribution.

Founded in the late 1950s and headquartered in Tokyo’s Minato ward, TV Asahi has evolved from its origins as Nippon Educational Television into one of Japan’s five major private broadcasters.

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