Sumitomo Pharma (OTCMKTS:DNPUF) Stock Price Up 14.2% – Here’s What Happened

Sumitomo Pharma Co., Ltd. (OTCMKTS:DNPUFGet Free Report) shares shot up 14.2% on Thursday . The company traded as high as $7.24 and last traded at $7.24. 2,000 shares traded hands during trading, an increase of 321% from the average session volume of 475 shares. The stock had previously closed at $6.34.

Sumitomo Pharma Stock Performance

The stock has a 50 day moving average price of $6.51 and a two-hundred day moving average price of $5.24.

About Sumitomo Pharma

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Sumitomo Pharma Co, Ltd. engages in the manufacture and sale of pharmaceuticals, food ingredients and additives, veterinary medicines, and others in Japan, North America, China, and internationally. The company offers pharmaceutical products, such as therapeutic agents for Parkinson's disease, uterine fibroids, depression, type 2 diabetes, systemic fungal infection, hypertension, pruritus, advanced prostate cancer, overactive bladder, chronic obstructive pulmonary disease, angina pectoris, and arrhythmia.

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