Daiichi Sankyo (OTCMKTS:DSNKY) Hits New 12-Month Low – Here’s Why

Daiichi Sankyo Company, Limited (OTCMKTS:DSNKY) reached a new 52-week low during trading on Tuesday . The stock traded as low as $22.44 and last traded at $22.91, with a volume of 372139 shares trading hands. The stock had previously closed at $23.90.

Daiichi Sankyo Stock Down 4.1 %

The company’s 50 day moving average price is $24.44 and its two-hundred day moving average price is $28.32. The company has a current ratio of 2.77, a quick ratio of 2.11 and a debt-to-equity ratio of 0.06. The stock has a market cap of $43.72 billion and a P/E ratio of 26.64.

Daiichi Sankyo (OTCMKTS:DSNKY) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.22 earnings per share for the quarter. Daiichi Sankyo had a net margin of 13.62% and a return on equity of 14.53%. Equities analysts forecast that Daiichi Sankyo Company, Limited will post 0.73 earnings per share for the current year.

Daiichi Sankyo Company Profile

Daiichi Sankyo Company, Limited manufactures, markets, and sells pharmaceutical products worldwide. The company offers Enhertu, a HER2 directed antibody drug conjugate; Turalio, a CSF-1R inhibitor; Vanflyta, a FLT3 inhibitor for the treatment of adult patients with relapsed/refractory FLT3-ITD acute myeloid leukemia; ferric carboxymaltose injection for treating anaemia; and Injectafer for the treatment for iron deficiency anaemia.