Hopewell Holdings Ltd (HOWWY) Lowered 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 research report issued to clients and investors on Tuesday.
Hopewell Holdings (NASDAQ:HOWWY) traded down 0.27% during trading on Tuesday, reaching $3.65. 1,257 shares of the company’s stock traded hands. The company 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 stock has a market capitalization of $3.18 billion and a P/E ratio of 8.92.
About Hopewell Holdings
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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.
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