Meiji (OTCMKTS:MEJHY) Stock Price Up 2.6% – Still a Buy?

Meiji Holdings Co., Ltd. (OTCMKTS:MEJHYGet Free Report)’s stock price traded up 2.6% during trading on Tuesday . The company traded as high as $11.50 and last traded at $11.50. 271 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 1,136 shares. The stock had previously closed at $11.21.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Meiji to a “hold” rating in a research note on Thursday, April 9th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

View Our Latest Research Report on Meiji

Meiji Stock Performance

The stock has a fifty day moving average of $11.41 and a two-hundred day moving average of $11.70.

About Meiji

(Get Free Report)

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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