Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY – Get Free Report) shares fell 3.6% on Thursday. The stock traded as low as $13.50 and last traded at $13.50. Approximately 617 shares changed hands during mid-day trading, an increase of 665% from the average daily volume of 81 shares. The stock had previously closed at $14.00.
Meiji Trading Down 3.6%
The firm’s fifty day moving average is $13.97 and its 200-day moving average is $12.46.
About Meiji
Meiji Holdings Co, Ltd. is a Japanese company whose businesses are organized primarily around food and pharmaceuticals. Through its operating companies, the Meiji Group develops, manufactures and sells a broad range of consumer products, including confectionery, dairy products, nutritional foods, infant formula and sports nutrition products.
The company’s pharmaceutical operations include prescription medicines, generic drugs, vaccines and other healthcare products. Meiji Seika Pharma also conducts research and development in areas such as infectious diseases and provides products for markets in Japan and selected international markets.
Meiji traces its corporate history to the early 20th century and was established in its current holding-company structure in 2009 through the integration of Meiji Dairies and Meiji Seika Kaisha.
Further Reading
- Five stocks we like better than Meiji
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Meiji Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meiji and related companies with MarketBeat.com's FREE daily email newsletter.
