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 on Wednesday.

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) traded up 1.69% during midday trading on Wednesday, hitting $28.24. 142 shares of the stock were exchanged. The firm has a market capitalization of $7.11 billion and a price-to-earnings ratio of 20.17. Jiangsu Expressway Co has a one year low of $21.69 and a one year high of $29.29. The company has a 50 day moving average price of $28.29 and a 200 day moving average price of $27.15.

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Jiangsu Expressway Co Company Profile

Jiangsu Expressway Company Limited is principally engaged in investment, construction, operation and management of the Jiangsu section of Shanghai-Nanjing Expressway (the Shanghai-Nanjing Expressway), Nanjing-Lianyungang Class 1 Highway-Nanjing Section (Nanjing-Lianyungang Highway) and other toll roads in Jiangsu Province, the People’s Republic of China (PRC).

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