Ashmore Group (AJMPF) Downgraded by Zacks Investment Research
Ashmore Group (OTCMKTS:AJMPF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Thursday.
According to Zacks, “Ashmore Group plc is an emerging market investment manager. It invests in the public equity and fixed income markets. Ashmore Group plc is based in London, United Kingdom. “
Shares of Ashmore Group (OTCMKTS:AJMPF) remained flat at $4.49 during mid-day trading on Thursday. The stock had a trading volume of 354 shares. The firm has a market cap of $3.00 billion and a price-to-earnings ratio of 13.69. Ashmore Group has a 12-month low of $3.34 and a 12-month high of $4.87. The company’s 50 day moving average price is $4.55 and its 200-day moving average price is $4.06.
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