Shimadzu (OTCMKTS:SHMZF) Shares Up 20.2% – Time to Buy?

Shimadzu Co. (OTCMKTS:SHMZF) shot up 20.2% during mid-day trading on Wednesday . The company traded as high as $27.08 and last traded at $27.08. 499 shares were traded during trading, a decline of 80% from the average session volume of 2,500 shares. The stock had previously closed at $22.52.

Shimadzu Price Performance

The company has a 50-day moving average of $22.61 and a 200-day moving average of $22.55.

Shimadzu Company Profile

Shimadzu Corporation provides science and technology solutions in Japan. It operates through Measuring Instruments, Medical Equipment, Industrial Equipment, and Aircraft Equipment business segments. The company offers analytical and measuring instruments include gas and liquid chromatography, gas and liquid chromatograph-mass spectrometry, columns, reagents, and consumables, software and informatics, molecular spectroscopy, elemental analysis, surface analysis, life science lab instrument, material testing, non-destructive testing, total organic carbon analysis, continuous monitoring analysis, thermal analysis, particle size analysis, and balance products.