Jsr Cp Unsp Adr (JSCPY) Downgraded to “Hold” at Zacks Investment Research
Zacks Investment Research downgraded shares of JSR CP UNSP ADR (OTCMKTS:JSCPY) from a strong-buy rating to a hold rating in a research report released on Thursday morning.
According to Zacks, “JSR Corp. engages in the manufacture and sale of synthetic rubber and chemical materials. Its operating segment consists of Elastomers, Plastics and Fine Chemicals and Other Products. Elastomers segment produces and merchandises general purpose synthetic rubber for automobile tires, special high performance rubber for automotive components, thermoplastic elastomers for plastic enhancements, and emulsion for paper coating. Plastics segment deals with Acrylonitrile Butadiene Styrene, Acrylonitrile Ethylene Styrene and Acrylonitrile Styrene Acrylate plastics for automobiles, office automation equipment and amusement machines. Fine Chemicals and Other Products segment manufactures and sells semiconductor, flat panel display and optical fiber coating materials. JSR Corp. is headquartered in Tokyo, Japan. “
JSR CP UNSP ADR (OTCMKTS:JSCPY) traded up $0.07 during trading on Thursday, reaching $19.25. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 2,173. The company has a market cap of $4,352.93 and a price-to-earnings ratio of 14.47. JSR CP UNSP ADR has a 12-month low of $14.32 and a 12-month high of $19.68. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.90 and a current ratio of 2.60.
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