JAPAN STEEL WORKS ADR-EACH CNV INTO 2 (JPSWY) Rating Lowered to Hold at Zacks Investment Research
JAPAN STEEL WORKS ADR-EACH CNV INTO 2 (NASDAQ:JPSWY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
According to Zacks, “The Japan Steel Works, Ltd. is involved in producing industrial machinery. The company’s business segments include Steel and Energy Products, Industrial Machinery Products and Real Estate and Other Businesses. Steel and Energy Products segment manufactures and sells iron and steel products, chemical machinery, nuclear power-related machinery, metallic mold, petroleum refinery, petrochemistry, general chemical products, pressure containers, clad plates, various steel pipes and wind generated power machinery. Industry Machinery segment manufactures and sells plastic injection machines, resin manufacturing and processing machinery, hollow molding machines, fluid machines, hydraulic equipment, electronic equipment and display manufacturing equipment, magnesium alloy injection machines and other machinery. Real Estate and Others segment is involved in the real estate leasing and development businesses. The Japan Steel Works, Ltd. is headquartered in Tokyo, Japan. “
JAPAN STEEL WORKS ADR-EACH CNV INTO 2 (NASDAQ:JPSWY) remained flat at $9.31 during mid-day trading on Tuesday. The stock’s market capitalization is $1.37 billion. The firm’s 50-day moving average price is $9.80 and its 200 day moving average price is $8.45. JAPAN STEEL WORKS ADR-EACH CNV INTO 2 has a 12-month low of $6.03 and a 12-month high of $10.02.
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 https://www.americanbankingnews.com/2016/10/16/japan-steel-works-adr-each-cnv-into-2-jpswy-rating-lowered-to-hold-at-zacks-investment-research.html
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for JAPAN STEEL WORKS ADR-EACH CNV INTO 2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JAPAN STEEL WORKS ADR-EACH CNV INTO 2 and related companies with MarketBeat.com's FREE daily email newsletter.