TV Asahi (OTCMKTS:THDDY) Shares Up 1.7% – Still a Buy?

Shares of TV Asahi Holdings Co. (OTCMKTS:THDDYGet Free Report) traded up 1.7% on Wednesday . The company traded as high as $18.20 and last traded at $18.20. Approximately 1,108 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 1,776 shares. The stock had previously closed at $17.90.

TV Asahi Stock Performance

The business has a 50 day moving average price of $19.88 and a 200-day moving average price of $20.74.

About TV Asahi

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TV Asahi Corporation is a leading Japanese television broadcaster engaged in the production and distribution of a wide range of media content. The company operates terrestrial and digital television networks under the Asahi brand, offering news, variety shows, dramas, sports coverage, and animation programming. Through its main broadcast channel and affiliated regional stations, TV Asahi delivers content across Japan, while also licensing select formats and programs for overseas distribution.

Founded in the late 1950s and headquartered in Tokyo’s Minato ward, TV Asahi has evolved from its origins as Nippon Educational Television into one of Japan’s five major private broadcasters.

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