Ono Pharmaceutical (OTCMKTS:OPHLF) Shares Gap Up – Here’s What Happened

Shares of Ono Pharmaceutical Co. (OTCMKTS:OPHLF – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $14.95, but opened at $16.00. Ono Pharmaceutical shares last traded at $16.00, with a volume of 192 shares.

Analyst Ratings Changes

Separately, Zacks Research downgraded Ono Pharmaceutical from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 4th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on OPHLF

Ono Pharmaceutical Stock Performance

The firm has a fifty day moving average of $15.18 and a 200 day moving average of $14.86.

Ono Pharmaceutical Company Profile

(Get Free Report)

Ono Pharmaceutical Co, Ltd. is a Japan-based research-driven pharmaceutical company focused on discovering, developing and commercializing prescription medicines. Its primary therapeutic areas include oncology, immunology, neurology and other specialty-care fields. The company develops medicines internally and also works with research institutions and global pharmaceutical partners.

Ono is best known internationally for Opdivo (nivolumab), an immune checkpoint inhibitor developed in collaboration with Bristol Myers Squibb and used in the treatment of multiple types of cancer.

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