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Coastal Contacts (TSE:COA) was downgraded by analysts at Octagon Capital from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, StockRatingsNetwork reports.

Coastal Contacts (TSE:COA) traded down 1.43% on Thursday, hitting $8.25. 37,809 shares of the company’s stock traded hands. Coastal Contacts has a 52 week low of $4.59 and a 52 week high of $9.06. The stock has a 50-day moving average of $8. and a 200-day moving average of $6.71. The company’s market cap is $268.5 million.

Coastal Contacts Inc (TSE:COA) is an online retailer of contact lenses, eyeglasses and vision care accessories.

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