Zacks Investment Research upgraded shares of Hopewell Holdings Ltd (NASDAQ:HOWWY) from a sell rating to a hold rating in a report issued on Wednesday.

Shares of Hopewell Holdings (NASDAQ:HOWWY) opened at 3.66 on Wednesday. Hopewell Holdings has a 1-year low of $2.67 and a 1-year high of $3.80. The firm has a 50-day moving average price of $3.51 and a 200-day moving average price of $3.30. The firm has a market capitalization of $3.18 billion and a PE ratio of 8.95.

Hopewell Holdings Company Profile

Hopewell Holdings Limited is a Hong Kong-based investment holding company. The Company, along with its subsidiaries, operates in six segments: property investment, which is engaged in property letting, agency and management; hotel, restaurant and catering operation, which includes hotel ownership and management, restaurant operations and food catering; property development, which is engaged in development and/or sale of properties, property under development and project management; toll road investment, which includes investments in expressway projects; power plant, which includes power plant investments and operation; treasury income, which includes interest income from bank balances and amounts due from jointly controlled entities.

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