Otsuka (OTCMKTS:OTSKY) Hits New 52-Week High – What’s Next?

by · The Cerbat Gem

Otsuka Holdings Co., Ltd. – Unsponsored ADR (OTCMKTS:OTSKY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $30.16 and last traded at $30.1150, with a volume of 6679 shares trading hands. The stock had previously closed at $29.96.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Otsuka from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the company has a consensus rating of “Strong Buy”.

Read Our Latest Analysis on OTSKY

Otsuka Stock Up 0.6%

The firm’s fifty day moving average price is $27.56 and its 200 day moving average price is $26.14.

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.

Read More