Astellas Pharma (OTCMKTS:ALPMY) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

by · The Markets Daily

Astellas Pharma Inc. (OTCMKTS:ALPMY – Get Free Report)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.52 and traded as high as $9.85. Astellas Pharma shares last traded at $9.66, with a volume of 181,290 shares traded.

Astellas Pharma Trading Down 2.1%

The firm has a market cap of $17.48 billion, a PE ratio of -43.91 and a beta of 0.27. The company has a 50-day simple moving average of $9.52 and a 200 day simple moving average of $9.72. The company has a current ratio of 1.04, a quick ratio of 0.80 and a debt-to-equity ratio of 0.39.

Astellas Pharma (OTCMKTS:ALPMY – Get Free Report) last released its quarterly earnings results on Friday, April 25th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.15 by $0.12. Astellas Pharma had a negative net margin of 3.10% and a positive return on equity of 13.69%. The company had revenue of $3.22 billion for the quarter, compared to analyst estimates of $3.02 billion. As a group, sell-side analysts forecast that Astellas Pharma Inc. will post 0.42 earnings per share for the current fiscal year.

About Astellas Pharma

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Astellas Pharma Inc manufactures, markets, and imports and exports pharmaceuticals in Japan and internationally. The company provides XTANDI, a treatment for prostate cancer; XOSPATA, a treatment for patients who have relapsed or refractory acute myeloid leukemia with a FLT3 mutation; and PADCEV, a treatment for patients with metastatic urothelial cancer.

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