Shionogi & Co., Ltd. Unsponsored ADR (OTCMKTS:SGIOY) Shares Gap Up – Time to Buy?

Shionogi & Co., Ltd. Unsponsored ADR (OTCMKTS:SGIOY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $8.60, but opened at $8.87. Shionogi & Co., Ltd. Unsponsored ADR shares last traded at $8.8950, with a volume of 3,060 shares traded.

Shionogi & Co., Ltd. Unsponsored ADR Stock Performance

The firm has a fifty day moving average price of $8.43 and a 200 day moving average price of $8.58. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.74 and a current ratio of 6.44. The stock has a market cap of $15.13 billion, a PE ratio of 13.89, a price-to-earnings-growth ratio of 2.03 and a beta of 0.19.

Shionogi & Co., Ltd. Unsponsored ADR (OTCMKTS:SGIOY) last released its quarterly earnings results on Monday, October 27th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.02. Shionogi & Co., Ltd. Unsponsored ADR had a return on equity of 11.90% and a net margin of 39.53%.The company had revenue of $740.85 million during the quarter, compared to analysts’ expectations of $742.35 million. Research analysts forecast that Shionogi & Co., Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

About Shionogi & Co., Ltd. Unsponsored ADR

Shionogi & Co, Ltd. is a Japan-based pharmaceutical company that conducts research, development, manufacturing and marketing of prescription drugs and vaccines. Established in the late 19th century, the company has expanded its focus beyond domestic markets to become a global player in pharmaceuticals, with particular expertise in anti-infectives, pain management, cardiovascular and central nervous system disorders.

The company’s product portfolio spans both established and innovative therapies.