Shionogi & Co., Ltd. Unsponsored ADR (OTCMKTS:SGIOY) Stock Price Down 6.9% – Should You Sell?

Shares of Shionogi & Co., Ltd. Unsponsored ADR (OTCMKTS:SGIOY) dropped 6.9% during trading on Wednesday . The company traded as low as $8.72 and last traded at $8.78. Approximately 1,120 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 140,596 shares. The stock had previously closed at $9.43.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on SGIOY shares. Zacks Research raised shares of Shionogi & Co., Ltd. Unsponsored ADR from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Jefferies Financial Group raised shares of Shionogi & Co., Ltd. Unsponsored ADR from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 14th. Finally, The Goldman Sachs Group raised shares of Shionogi & Co., Ltd. Unsponsored ADR from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 15th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy”.

Shionogi & Co., Ltd. Unsponsored ADR Trading Down 0.4%

The company has a current ratio of 1.58, a quick ratio of 1.46 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $14.87 billion, a PE ratio of 10.92, a P/E/G ratio of 3.71 and a beta of 0.08. The stock has a 50 day moving average price of $8.82 and a 200-day moving average price of $9.88.

Shionogi & Co., Ltd. Unsponsored ADR (OTCMKTS:SGIOY) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.18. Shionogi & Co., Ltd. Unsponsored ADR had a return on equity of 16.47% and a net margin of 46.67%.The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $970.69 million. Sell-side analysts expect that Shionogi & Co., Ltd. Unsponsored ADR will post 0.79 earnings per share for the current year.

Shionogi & Co., Ltd. Unsponsored ADR Company Profile

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.