Kansai Paint (OTCMKTS:KSANF) Cut to Sell at The Goldman Sachs Group

Kansai Paint (OTCMKTS:KSANFGet Rating) was downgraded by stock analysts at The Goldman Sachs Group from a “neutral” rating to a “sell” rating in a note issued to investors on Thursday, The Fly reports.

Shares of KSANF stock opened at $13.19 on Thursday. Kansai Paint has a fifty-two week low of $12.22 and a fifty-two week high of $23.17. The stock’s 50-day moving average is $13.68 and its two-hundred day moving average is $18.28.

Kansai Paint Company Profile (Get Rating)

Kansai Paint Co, Ltd. manufactures and sells paints in Japan, India, Asia, Africa, Europe, and internationally. The company offers decorative coatings for protecting exterior and interior of buildings; protective coatings; automotive refinish paints; automotive coatings; industrial coatings that are used in construction machinery, industrial vehicles, steel furniture, external building materials, electronics, and internal coatings and external designs of beverage cans; and marine and protective coatings.

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