GKN plc Stock Rating Lowered by Goldman Sachs (GKNLY)
GKN plc (NASDAQ:GKNLY) was downgraded by equities research analysts at Goldman Sachs from a “neutral” rating to a “sell” rating in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports.
Shares of GKN plc (NASDAQ:GKNLY) traded up 0.15% on Tuesday, hitting $6.76. 4,234 shares of the company’s stock traded hands. GKN plc has a 52-week low of $3.70 and a 52-week high of $6.79. The stock has a 50-day moving average of $6.47 and a 200-day moving average of $5.94. The company has a market cap of $10.956 billion and a P/E ratio of 19.18.
GKN plc is a holding company. The Company is a global engineering group. The Company operates in four divisions: GKN Driveline, GKN Powder Metallurgy, GKN Aerospace and GKN Land Systems.
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