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Ono Pharmaceutical (OTCMKTS:OPHLF) Shares Pass Above Fifty Day Moving Average - Here's What Happened

Ono Pharmaceutical logo with Medical background

Shares of Ono Pharmaceutical Co., Ltd. (OTCMKTS:OPHLF - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.29 and traded as high as $11.70. Ono Pharmaceutical shares last traded at $11.70, with a volume of 3,098 shares traded.

Ono Pharmaceutical Stock Up 0.9 %

The firm has a market capitalization of $5.55 billion, a P/E ratio of 11.36 and a beta of 0.57. The firm's fifty day moving average price is $10.41 and its 200-day moving average price is $11.09. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.55 and a quick ratio of 2.80.

Ono Pharmaceutical (OTCMKTS:OPHLF - Get Free Report) last issued its quarterly earnings results on Monday, February 3rd. The company reported $0.21 earnings per share (EPS) for the quarter. Ono Pharmaceutical had a return on equity of 9.10% and a net margin of 15.15%.

About Ono Pharmaceutical

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Ono Pharmaceutical Co, Ltd., together with its subsidiaries, produces, purchases, and sells pharmaceuticals and diagnostic reagents worldwide. It offers Opdivo Intravenous Infusion and Kyprolis Intravenous Injection for malignant tumors; Emend capsules/Proemend intravenous injections for chemotherapy-induced nausea and vomiting; Demser capsules for the symptoms in patients with pheochromocytoma; and Mektovi, Velexbru, and Braftovi capsules for malignant tumors, as well as ADLUMIZ tablets for cancer cachexia.

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