Shares of Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY – Get Free Report) were down 3.6% on Thursday. The company traded as low as $13.50 and last traded at $13.50. Approximately 617 shares were traded during mid-day trading, an increase of 665% from the average session volume of 81 shares. The stock had previously closed at $14.00.
Meiji Stock Performance
The company has a 50 day moving average price of $13.95 and a 200-day moving average price of $12.47.
Meiji Company Profile
Meiji Holdings Co, Ltd. is a Japanese company whose businesses are organized primarily around food and pharmaceuticals. Through its operating companies, the Meiji Group develops, manufactures and sells a broad range of consumer products, including confectionery, dairy products, nutritional foods, infant formula and sports nutrition products.
The company’s pharmaceutical operations include prescription medicines, generic drugs, vaccines and other healthcare products. Meiji Seika Pharma also conducts research and development in areas such as infectious diseases and provides products for markets in Japan and selected international markets.
Meiji traces its corporate history to the early 20th century and was established in its current holding-company structure in 2009 through the integration of Meiji Dairies and Meiji Seika Kaisha.
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