Sumitomo Pharma (OTCMKTS:DNPUF) Shares Up 5.7% – Here’s Why

Shares of Sumitomo Pharma Co., Ltd. (OTCMKTS:DNPUFGet Free Report) shot up 5.7% during mid-day trading on Thursday . The company traded as high as $4.76 and last traded at $4.76. 532 shares were traded during mid-day trading, a decline of 15% from the average session volume of 626 shares. The stock had previously closed at $4.50.

Sumitomo Pharma Stock Performance

The stock has a fifty day simple moving average of $4.70 and a 200 day simple moving average of $4.32.

Sumitomo Pharma Company Profile

(Get Free Report)

Sumitomo Pharma Co, Ltd. engages in the manufacture and sale of pharmaceuticals, food ingredients and additives, veterinary medicines, and others in Japan, North America, China, and internationally. The company offers pharmaceutical products, such as therapeutic agents for Parkinson's disease, uterine fibroids, depression, type 2 diabetes, systemic fungal infection, hypertension, pruritus, advanced prostate cancer, overactive bladder, chronic obstructive pulmonary disease, angina pectoris, and arrhythmia.

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