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Ono Pharmaceutical (OTCMKTS:OPHLF) Shares Gap Down - Here's Why

Ono Pharmaceutical logo with Medical background

Ono Pharmaceutical Co. (OTCMKTS:OPHLF - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $10.71, but opened at $9.33. Ono Pharmaceutical shares last traded at $9.33, with a volume of 108 shares changing hands.

Ono Pharmaceutical Stock Down 12.9%

The business's 50 day moving average is $11.09 and its 200-day moving average is $10.62. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.56 and a current ratio of 3.07. The firm has a market capitalization of $4.38 billion, a price-to-earnings ratio of 13.33 and a beta of 0.52.

Ono Pharmaceutical Company Profile

(Get Free Report)

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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