Guanwei Recycling Downgraded by TheStreet to “Sell” (GPRC)
The analysts wrote, “Guanwei Recycling (GPRC) has been downgraded by TheStreet Ratings from hold to sell. The company’s weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself.”
Shares of Guanwei Recycling (NASDAQ:GPRC) traded down 3.44% during mid-day trading on Friday, hitting $1.4001. The stock had a trading volume of 32,676 shares. Guanwei Recycling has a 52-week low of $1.27 and a 52-week high of $3.88. The stock has a 50-day moving average of $1.6 and a 200-day moving average of $2.51. The company has a market cap of $14.6 million and a P/E ratio of 1.87.
Guanwei Recycling Corp. is engaged in the manufacture and distribution of low density polyethylene (NASDAQ:GPRC) and other recycled plastics products, using imported raw material in the form of plastic waste.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.