Otsuka (OTCMKTS:OTSKY) Shares Gap Up – Still a Buy?

Otsuka Holdings Co., Ltd. – Unsponsored ADR (OTCMKTS:OTSKYGet Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $26.29, but opened at $26.95. Otsuka shares last traded at $26.9960, with a volume of 29,589 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Otsuka from a “strong sell” rating to a “hold” rating in a research report on Monday, October 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Otsuka has an average rating of “Hold”.

View Our Latest Research Report on Otsuka

Otsuka Trading Up 3.4%

The firm has a 50-day simple moving average of $27.37 and a 200-day simple moving average of $25.57.

Otsuka Company Profile

(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.

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