Zacks Investment Research cut shares of China Metro Rural (NYSEMKT:CNR) from a hold rating to a sell rating in a research note issued to investors on Tuesday morning, Zacks.com reports.

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In other China Metro Rural news, CFO Jeffrey S. Lee purchased 80,000 shares of China Metro Rural stock in a transaction on Monday, July 8th. The shares were purchased at an average cost of $5.85 per share, with a total value of $468,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Arthur W. Steinhafel purchased 20,000 shares of China Metro Rural stock in a transaction on Friday, May 31st. The shares were acquired at an average cost of $4.54 per share, for a total transaction of $90,800.00. The disclosure for this purchase can be found here. Insiders purchased 230,000 shares of company stock worth $1,134,650 over the last three months.

China Metro Rural Company Profile

China Metro-Rural Holdings Limited is a developer and operator of integrated agricultural logistics and trade centers in China. The Company’s segments include agricultural logistics, and rural-urban migration and city re-development. The Company’s agricultural logistics business includes development and operation of integrated agricultural logistics and trade centers and supporting facilities, and property management, which engages in the management of developed properties within the logistics platforms, known as China Northeast Logistics Cities.

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