Otsuka (OTCMKTS:OTSKY) Stock Rating Upgraded by Zacks Research

Key Points

• Otsuka (OTCMKTS:OTSKY) has been upgraded by Zacks Research from a "strong sell" rating to a "hold" rating, indicating a more positive outlook for the stock.
• The stock opened at $26.10 on Monday and has a market cap of $28.04 billion, with a price-to-earnings ratio of 0.17.
• Otsuka Holdings is involved in various sectors including pharmaceuticals, nutraceuticals, and consumer products, focusing on areas such as psychiatry, neurology, oncology, and more.

Otsuka (OTCMKTS:OTSKY - Get Free Report) was upgraded by equities research analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a report issued on Monday,Zacks.com reports.

Otsuka Trading Down 0.8%

Shares of OTSKY opened at $26.10 on Monday. The firm has a market cap of $28.04 billion and a price-to-earnings ratio of 0.17. Otsuka has a 52 week low of $21.64 and a 52 week high of $32.41. The stock has a 50 day moving average of $27.26 and a 200-day moving average of $25.16.

Otsuka Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.