Texxon (NASDAQ:NPT) Stock Rating Lowered by Wall Street Zen

Texxon (NASDAQ:NPT) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Texxon in a research note on Monday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Texxon currently has a consensus rating of “Sell”.

Texxon Price Performance

Texxon stock opened at $2.34 on Friday. The stock’s 50 day simple moving average is $1.88 and its two-hundred day simple moving average is $5.55. Texxon has a fifty-two week low of $1.14 and a fifty-two week high of $22.38.

Texxon (NASDAQ:NPT) last announced its earnings results on Tuesday, June 30th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $163.50 million for the quarter.

About Texxon

Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.