Shares of Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY – Get Free Report) were down 10.4% on Monday . The stock traded as low as $11.15 and last traded at $11.15. Approximately 534 shares were traded during trading, a decline of 67% from the average daily volume of 1,623 shares. The stock had previously closed at $12.45.
Meiji Price Performance
The stock’s 50-day moving average price is $12.21 and its 200-day moving average price is $10.97.
About Meiji
Meiji (OTCMKTS:MEJHY) is the American depositary receipt that represents shares of Meiji Holdings Co, Ltd., a Tokyo-based diversified food and pharmaceutical company. Through its two main subsidiaries, Meiji Co, Ltd. and Meiji Seika Pharma Co, Ltd., the company engages in the development, production and sale of a wide range of food and health care products.
In its food business, Meiji offers dairy products such as milk, yogurt, cheese and infant formula under the Meiji brand. The company is also known for its confectionery line, which includes chocolate, candy, gum and biscuits, marketed both domestically in Japan and across Asia.
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