Eisai (ESALY) Upgraded by Zacks Investment Research to “Hold”

Zacks Investment Research upgraded shares of Eisai (OTCMKTS:ESALY) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning.

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 OTCMKTS:ESALY opened at $89.73 on Wednesday. The company has a market capitalization of $27.16 billion, a PE ratio of 43.82 and a beta of 0.16. The company has a quick ratio of 1.92, a current ratio of 2.20 and a debt-to-equity ratio of 0.26. Eisai has a 12 month low of $49.86 and a 12 month high of $101.80.

About Eisai

Eisai Co, Ltd. engages in the research and development, manufacture, sale, and import and export of pharmaceuticals worldwide. It offers Halaven and Lenvima, an anticancer agent; Aloxi, an antiemetic agent; Aricept, a treatment for Alzheimer's disease; Fycompa, an antiepileptic agent; Methycobal for peripheral neuropathy treatment; BELVIQ for anti-obesity treatment; and LYRICA for neuropathic pain treatment.

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