Otsuka (OTCMKTS:OTSKF) Trading 9.2% Higher – Time to Buy?

Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKFGet Free Report)’s share price rose 9.2% during mid-day trading on Wednesday . The stock traded as high as $59.23 and last traded at $59.23. Approximately 218 shares traded hands during trading, a decline of 81% from the average daily volume of 1,135 shares. The stock had previously closed at $54.26.

Otsuka Trading Up 9.2%

The firm’s 50-day moving average price is $57.03 and its two-hundred day moving average price is $52.35.

About Otsuka

(Get Free Report)

Otsuka Holdings Co, Ltd., trading on OTC markets as OTSKF, is a global healthcare company headquartered in Tokyo, Japan. Established in 1964 as a research-driven pharmaceutical firm, Otsuka has since evolved into a diversified holding company overseeing operations in pharmaceuticals, nutraceuticals and consumer products. The company operates through a network of subsidiaries, including Otsuka Pharmaceutical Co, Ltd., Otsuka America Pharmaceutical, Inc, and Otsuka Europe, each focusing on drug development, manufacturing and distribution.

In its pharmaceutical division, Otsuka is best known for discovering and commercializing treatments in areas such as psychiatry, oncology and nephrology.

See Also

Receive News & Ratings for Otsuka Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Otsuka and related companies with MarketBeat.com's FREE daily email newsletter.