Xiaomi (OTCMKTS:XIACF) Rating Lowered to Hold at Jefferies Financial Group

Xiaomi (OTCMKTS:XIACFGet Free Report) was downgraded by equities researchers at Jefferies Financial Group from a “buy” rating to a “hold” rating in a report issued on Wednesday, Marketbeat reports.

Xiaomi Trading Down 0.4%

Shares of XIACF stock opened at $5.20 on Wednesday. Xiaomi has a 1 year low of $3.81 and a 1 year high of $9.00. The stock has a fifty day moving average of $5.56 and a two-hundred day moving average of $6.54.

About Xiaomi

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Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.

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