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Daiichi Sankyo (OTCMKTS:DSNKY) Shares Gap Down - Time to Sell?

Daiichi Sankyo logo with Medical background

Daiichi Sankyo Co., Ltd. - Sponsored ADR (OTCMKTS:DSNKY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $23.16, but opened at $22.05. Daiichi Sankyo shares last traded at $22.87, with a volume of 47,494 shares.

Analyst Ratings Changes

Separately, Nomura Securities upgraded Daiichi Sankyo to a "strong-buy" rating in a research note on Friday, June 6th.

Check Out Our Latest Stock Analysis on Daiichi Sankyo

Daiichi Sankyo Stock Performance

The stock has a 50 day simple moving average of $24.79 and a 200 day simple moving average of $25.11. The company has a current ratio of 2.53, a quick ratio of 1.85 and a debt-to-equity ratio of 0.06. The stock has a market cap of $43.34 billion and a P/E ratio of 22.21.

Daiichi Sankyo (OTCMKTS:DSNKY - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The company reported $0.30 EPS for the quarter. Daiichi Sankyo had a return on equity of 17.92% and a net margin of 15.65%. The firm had revenue of $3.40 billion for the quarter. On average, equities analysts expect that Daiichi Sankyo Co., Ltd. - Sponsored ADR will post 0.73 earnings per share for the current year.

Daiichi Sankyo Company Profile

(Get Free Report)

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.

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