Short Interest in Astellas Pharma Inc. (OTCMKTS:ALPMY) Rises By 69.3%

Astellas Pharma Inc. (OTCMKTS:ALPMYGet Free Report) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 70,629 shares, a growth of 69.3% from the July 15th total of 41,707 shares. Based on an average daily volume of 401,906 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Astellas Pharma Trading Up 0.6%

Shares of ALPMY stock opened at $14.42 on Wednesday. The stock has a market capitalization of $26.10 billion, a PE ratio of 10.97 and a beta of 0.08. Astellas Pharma has a 1-year low of $10.03 and a 1-year high of $17.35. The business has a 50-day moving average of $13.62 and a 200 day moving average of $14.66. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.17 and a quick ratio of 0.90.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Astellas Pharma from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

View Our Latest Stock Report on Astellas Pharma

Astellas Pharma Company Profile

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Astellas Pharma Inc is a Tokyo-based, global pharmaceutical company traded in the United States as an American Depositary Receipt on the OTC Markets under the symbol ALPMY. The company focuses on discovering, developing and marketing prescription medicines in key therapeutic areas, including oncology, urology, immunology, neuroscience and cardiovascular/metabolic diseases. Astellas seeks to bring innovative treatments to market by combining internal research capabilities with external partnerships and collaborative agreements around the world.

Core products in Astellas’ portfolio include the immunosuppressant Prograf (tacrolimus), the overactive bladder treatments Vesicare (solifenacin) and Myrbetriq (mirabegron), and the prostate cancer therapy Xtandi (enzalutamide).

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