Daiichi Sankyo Company, Limited (OTCMKTS:DSNKY - Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 64,600 shares, a growth of 119.0% from the May 15th total of 29,500 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 643,400 shares, the short-interest ratio is presently 0.1 days.
Analysts Set New Price Targets
Separately, Nomura Securities upgraded Daiichi Sankyo to a "strong-buy" rating in a research note on Friday, June 6th.
Check Out Our Latest Report on Daiichi Sankyo
Daiichi Sankyo Stock Performance
DSNKY traded down $0.39 on Monday, hitting $24.21. 141,674 shares of the stock traded hands, compared to its average volume of 263,462. Daiichi Sankyo has a 52 week low of $20.92 and a 52 week high of $42.48. The firm has a market capitalization of $45.87 billion and a PE ratio of 28.15. The business has a fifty day moving average price of $24.62 and a two-hundred day moving average price of $25.58. The company has a current ratio of 2.77, a quick ratio of 2.11 and a debt-to-equity ratio of 0.06.
Daiichi Sankyo (OTCMKTS:DSNKY - Get Free Report) last released its quarterly earnings data on Friday, April 25th. The company reported $0.30 earnings per share for the quarter. Daiichi Sankyo had a return on equity of 14.53% and a net margin of 13.62%. The company had revenue of $3.40 billion for the quarter. On average, research analysts predict that Daiichi Sankyo will post 0.73 EPS for the current fiscal year.
Daiichi Sankyo Company Profile
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Daiichi Sankyo Company, Limited manufactures, markets, and sells pharmaceutical products worldwide. The company offers Enhertu, a HER2 directed antibody drug conjugate; Turalio, a CSF-1R inhibitor; Vanflyta, a FLT3 inhibitor for the treatment of adult patients with relapsed/refractory FLT3-ITD acute myeloid leukemia; ferric carboxymaltose injection for treating anaemia; and Injectafer for the treatment for iron deficiency anaemia.
Further Reading
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