Hopewell Holdings Ltd (HOWWY) Downgraded to “Sell” at Zacks Investment Research
Hopewell Holdings Ltd (NASDAQ:HOWWY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.
Shares of Hopewell Holdings (NASDAQ:HOWWY) traded down 0.27% during mid-day trading on Tuesday, hitting $3.65. The company had a trading volume of 1,257 shares. The firm has a 50-day moving average of $3.52 and a 200-day moving average of $3.30. Hopewell Holdings has a 12 month low of $2.67 and a 12 month high of $3.80. The company has a market cap of $3.18 billion and a PE ratio of 8.92.
Hopewell Holdings Company Profile
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/20/hopewell-holdings-ltd-howwy-downgraded-to-sell-at-zacks-investment-research.html
Hopewell Holdings Limited is a Hong Kong-based investment holding company. The Company, along with its subsidiaries, operates in six segments: property investment, which is engaged in property letting, agency and management; hotel, restaurant and catering operation, which includes hotel ownership and management, restaurant operations and food catering; property development, which is engaged in development and/or sale of properties, property under development and project management; toll road investment, which includes investments in expressway projects; power plant, which includes power plant investments and operation; treasury income, which includes interest income from bank balances and amounts due from jointly controlled entities.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Hopewell Holdings Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hopewell Holdings Ltd and related companies with MarketBeat.com's FREE daily email newsletter.