Taisho Pharmaceutical (OTCMKTS:TAIPY) Shares Down 0.9%

Taisho Pharmaceutical Holdings Co. (OTCMKTS:TAIPY) shares dropped 0.9% during trading on Monday . The stock traded as low as $18.15 and last traded at $18.25, approximately 3,580 shares traded hands during mid-day trading. A decline of 38% from the average daily volume of 5,733 shares. The stock had previously closed at $18.42.

Separately, Jefferies Financial Group initiated coverage on Taisho Pharmaceutical in a report on Monday, December 9th. They issued a “hold” rating on the stock.

About Taisho Pharmaceutical (OTCMKTS:TAIPY)

Taisho Pharmaceutical Holdings Co, Ltd., through its subsidiaries, researches, develops, manufactures, and sells over-the-counter (OTC) drugs and prescription pharmaceuticals in Japan and internationally. It operates in two segments, Self-Medication Operation Group and Prescription Pharmaceutical Operation Group.

Featured Article: What is meant by buying and selling pressure?

Receive News & Ratings for Taisho Pharmaceutical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taisho Pharmaceutical and related companies with MarketBeat.com's FREE daily email newsletter.