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

Chugai Pharmaceutical logo with Medical background

Chugai Pharmaceutical Co., Ltd. Unsponsored ADR (OTCMKTS:CHGCY - Get Free Report) shares saw an uptick in trading volume on Tuesday . 411,638 shares changed hands 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 Trading Up 2.3%

The firm has a market cap of $81.32 billion, a price-to-earnings ratio of 31.28 and a beta of 0.66. The stock has a fifty day moving average price of $25.17 and a 200 day moving average price of $24.48.

Chugai Pharmaceutical (OTCMKTS:CHGCY - Get Free Report) last released its earnings results on Thursday, July 24th. The company reported $0.20 earnings per share (EPS) for the quarter. Chugai Pharmaceutical had a return on equity of 21.35% and a net margin of 33.08%. The firm had revenue of $2.01 billion for the quarter. On average, sell-side analysts forecast that Chugai Pharmaceutical Co., Ltd. Unsponsored ADR will post 0.74 EPS for the current year.

Chugai Pharmaceutical Company Profile

(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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