Jiangsu Expressway Co Ltd (JEXYY) Upgraded to “Hold” at Zacks Investment Research
Jiangsu Expressway Co Ltd (NASDAQ:JEXYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.
According to Zacks, “Jiangsu Expressway Company Limited engages in the investment, construction, operation, and management of toll roads and bridges. The company offers passenger transport and other services like refueling, catering, retailing, automobile repair and maintenance, advertising, and accommodation. In addition, it involves in the investment, development, and consulting of real estate properties. Jiangsu Expressway Company Limited is headquartered in Nanjing, the People’s Republic of China. “
Jiangsu Expressway Co (NASDAQ:JEXYY) remained flat at $28.07 on Tuesday. The stock’s 50-day moving average is $28.58 and its 200 day moving average is $26.82. Jiangsu Expressway Co has a 12-month low of $21.69 and a 12-month high of $29.29. The stock has a market capitalization of $7.07 billion and a price-to-earnings ratio of 20.05.
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/jiangsu-expressway-co-ltd-jexyy-upgraded-to-hold-at-zacks-investment-research.html
About Jiangsu Expressway Co
Jiangsu Expressway Company Limited is principally engaged in investment, construction, operation and management of toll roads and bridges. Apart from the Shanghai-Nanjing Expressway, the Company also owns the entire or partial interests of other toll roads and bridges located in the Jiangsu Province, including G312, Nanjing-Lianyungang Highway, Xicheng Expressway, Guangjing Expressway, Jiangyin Yangtze Bridge and Sujiahang Expressway.
Receive News & Ratings for Jiangsu Expressway Co Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jiangsu Expressway Co Ltd and related companies with MarketBeat.com's FREE daily email newsletter.