Kao Corp. (OTCMKTS:KCRPY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Friday.

According to Zacks, “KAO Corp ADR, based in Japan, is a leading global company in consumer products for personal and home care. “

Kao Corp. (OTCMKTS KCRPY) traded down 1.36% during midday trading on Friday, hitting $60.75. 35,485 shares of the stock traded hands. Kao Corp. has a 52-week low of $44.19 and a 52-week high of $65.50. The stock has a 50-day moving average of $61.54 and a 200 day moving average of $59.04. The firm has a market cap of $29.93 billion, a PE ratio of 24.75 and a beta of 0.49.

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Kao Corp. Company Profile

Kao Corporation is engaged in the consumer product business and the chemical business. The Company operates through four segments: the Beauty Care Business, the Human Health Care Business, the Fabric and Home Care Business (collectively, the Consumer Products business), and the Chemical business. The Beauty Care Business segment manufactures and sells cosmetics, skin care and hair care products.

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