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Chugai Pharmaceutical (OTCMKTS:CHGCY) Sees Strong Trading Volume - Here's Why

Chugai Pharmaceutical logo with Medical background

Chugai Pharmaceutical Co., Ltd. Unsponsored ADR (OTCMKTS:CHGCY - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 411,638 shares were traded during trading, an increase of 93% from the previous session's volume of 213,118 shares.The stock last traded at $22.85 and had previously closed at $23.55.

Chugai Pharmaceutical Stock Performance

The firm's 50-day moving average price is $25.35 and its two-hundred day moving average price is $24.44. The stock has a market cap of $75.89 billion, a price-to-earnings ratio of 28.47 and a beta of 0.66.

Chugai Pharmaceutical (OTCMKTS:CHGCY - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported $0.19 earnings per share for the quarter. The firm had revenue of $1.89 billion for the quarter. Chugai Pharmaceutical had a net margin of 33.56% and a return on equity of 21.71%. As a group, sell-side analysts expect that Chugai Pharmaceutical Co., Ltd. Unsponsored ADR will post 0.74 earnings per share for the current fiscal year.

About Chugai Pharmaceutical

(Get Free Report)

Chugai Pharmaceutical Co, Ltd., together with its subsidiaries, engages in the research, development, manufacture, sale, importation, and exportation of pharmaceuticals in Japan and internationally. The company's products for oncology primarily include Avastin, FoundationOne, Polivy, Rozlytrek, Tecentriq, Perjeta, Alecensa, Herceptin, Kadcyla, Rituxan, and Gazyva; Edirol, an Osteoporosis agent; Mircera, an erythropoiesis agent; Oxarol, an agent for secondary hyperparathyroidism; and other diseases comprise Hemlibra, CellCept, Bonviva, Tamiflu, Evrysdi, Ronapreve, Vabysmo, and Enspryng.

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