Otsuka (OTCMKTS:OTSKY) Shares Cross Below Fifty Day Moving Average of $15.46

Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKYGet Rating) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $15.46 and traded as low as $14.42. Otsuka shares last traded at $14.80, with a volume of 300,910 shares changing hands.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Otsuka from a “sell” rating to a “neutral” rating in a research report on Wednesday, March 1st.

Otsuka Price Performance

The stock has a fifty day simple moving average of $15.46 and a 200-day simple moving average of $15.88.

About Otsuka

(Get Rating)

Otsuka Holdings Co, Ltd. engages in the management of its group companies which are in the pharmaceuticals business. It operates through the following segments: Pharmaceuticals, Nutraceuticals, Consumer Products, and Others. The Pharmaceuticals segment manufactures therapeutic drugs and infusions focusing on the central nervous system, oncology, and infectious diseases.

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