GKN (GKNLY) Downgraded to “Hold” at Numis Securities

GKN (OTCMKTS:GKNLY) was downgraded by stock analysts at Numis Securities from a “buy” rating to a “hold” rating in a report issued on Monday, The Fly reports.

A number of other research firms have also commented on GKNLY. Zacks Investment Research lowered shares of GKN from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. Investec upgraded shares of GKN from a “hold” rating to a “buy” rating in a research note on Monday, November 6th. Finally, Liberum Capital upgraded shares of GKN from a “sell” rating to a “hold” rating in a research note on Monday, October 23rd.

GKN (OTCMKTS:GKNLY) opened at $5.69 on Monday. The company has a quick ratio of 0.93, a current ratio of 1.51 and a debt-to-equity ratio of 0.44. GKN has a one year low of $3.86 and a one year high of $5.74.

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GKN Company Profile

GKN plc is a global engineering company. The Company is engaged in the design, manufacture and service of systems and components for original equipment manufacturers. The Company operates in four segments: GKN Aerospace, GKN Driveline, GKN Powder Metallurgy and GKN Land Systems. The GKN Aerospace segment is a supplier of airframe and engine structures, landing gear, electrical interconnection systems, transparencies and aftermarket services.

The Fly

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