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Otsuka (OTCMKTS:OTSKY) Shares Gap Up - Should You Buy?

Otsuka logo with Medical background

Key Points

  • Otsuka Holdings Co., Ltd. shares gapped up from a closing price of $28.88 to an opening price of $29.91 before the market opened on Tuesday.
  • The stock currently has a market capitalization of $30.96 billion and a price-to-earnings ratio of 0.19.
  • Zacks Research has downgraded Otsuka to a "strong sell" rating, contributing to a consensus rating of "Sell" among analysts.
  • Interested in Otsuka? Here are five stocks we like better.

Shares of Otsuka Holdings Co., Ltd. - Unsponsored ADR (OTCMKTS:OTSKY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $28.88, but opened at $29.91. Otsuka shares last traded at $29.91, with a volume of 330 shares traded.

Analyst Ratings Changes

Separately, Zacks Research raised Otsuka to a "strong sell" rating in a research note on Monday, August 11th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Otsuka currently has an average rating of "Sell".

Get Our Latest Report on OTSKY

Otsuka Stock Performance

The company has a 50-day moving average price of $25.97 and a 200-day moving average price of $25.04. The firm has a market capitalization of $29.60 billion and a price-to-earnings ratio of 0.18.

About Otsuka

(Get Free Report)

Otsuka Holdings Co, Ltd. engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide. The company develops pharmaceutical products in the fields of psychiatry, neurology, oncology, cardiovascular and renal system, digestive system, ophthalmology, and diagnostics, as well as intravenous solutions and medical devices.

See Also

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