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Chugai Pharmaceutical (OTCMKTS:CHGCY) Shares Gap Down - Time to Sell?

Chugai Pharmaceutical logo with Medical background

Chugai Pharmaceutical Co., Ltd. Unsponsored ADR (OTCMKTS:CHGCY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $23.26, but opened at $22.50. Chugai Pharmaceutical shares last traded at $23.15, with a volume of 340,633 shares.

Chugai Pharmaceutical Stock Performance

The stock has a 50 day moving average of $25.45 and a 200-day moving average of $24.40. The firm has a market capitalization of $76.45 billion, a P/E ratio of 28.68 and a beta of 0.66.

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