Shares of Meiji Holdings Co., Ltd. (OTCMKTS:MEJHY – Get Free Report) rose 1.7% on Tuesday . The company traded as high as $11.64 and last traded at $10.82. Approximately 680 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 1,327 shares. The stock had previously closed at $10.6430.
Meiji Trading Up 1.7%
The business has a fifty day simple moving average of $10.47 and a two-hundred day simple moving average of $10.64.
Meiji Company Profile
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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