Eisai (ESALY) Lifted to “Hold” at Zacks Investment Research

Eisai (OTCMKTS:ESALY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday, January 8th.

According to Zacks, “Eisai Co LTD is involved in the Biotechnology and Drug Industry. Their principle activities are the manufacture and sale of pharmaceutical products. Operations are carried out through the following divisions: Pharmaceuticals: veterinary drugs other food additives, livestock feed and pharmaceutical production systems and equipment. The Group has overseas consolidated subsidiaries in the United States, Canada, the United Kingdom, France, Germany, East Southeast Asia and South and Central America. “

Shares of Eisai (ESALY) opened at $58.14 on Monday. Eisai has a 12 month low of $50.31 and a 12 month high of $63.06. The firm has a market cap of $17,484.11, a price-to-earnings ratio of 60.56 and a beta of -0.25. The company has a current ratio of 2.18, a quick ratio of 1.81 and a debt-to-equity ratio of 0.26.

Eisai (OTCMKTS:ESALY) last announced its quarterly earnings results on Wednesday, November 1st. The company reported $0.28 earnings per share (EPS) for the quarter. Eisai had a net margin of 5.50% and a return on equity of 4.96%. equities research analysts forecast that Eisai will post 1.11 EPS for the current year.

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About Eisai

Eisai Co, Ltd. is engaged in the research and development, manufacture, sale and import and export of pharmaceuticals. The Company’s businesses include pharmaceutical business and other business. The Company’s segments include Japan (Prescription Medicines, Generics and Diagnostics), Americas (North America, Central and South America), China, Asia (South Korea, Taiwan, Hong Kong, India and ASEAN), EMEA (Europe, the Middle East, Africa and Oceania) and Consumer Healthcare Business-Japan.

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