Meiji (OTCMKTS:MEJHY) Shares Up 1.6% – Here’s Why

Meiji Holdings Co., Ltd. (OTCMKTS:MEJHYGet Free Report)’s share price traded up 1.6% during trading on Thursday . The stock traded as high as $12.70 and last traded at $12.70. 192 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 2,157 shares. The stock had previously closed at $12.50.

Meiji Trading Up 1.6%

The business has a 50-day moving average price of $11.75 and a 200-day moving average price of $10.87.

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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