Zacks Investment Research lowered shares of OC OERLIKON CORP CHF1 (NASDAQ:OERLF) from a buy rating to a hold rating in a report issued on Wednesday morning.

According to Zacks, “OC Oerlikon Corporation AG provides technologies and services. Its operating segment consists of Surface Solutions, Manmade Fibers and Drive Systems. OC Oerlikon Corporation AG is headquartered in Pfäffikon, Switzerland. “

Shares of OC OERLIKON CORP CHF1 (OERLF) traded up 8.54% during mid-day trading on Wednesday, reaching $15.25. 70 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $14.52 and its 200 day moving average price is $12.75. The company has a market cap of $5.23 billion and a PE ratio of 12.35. OC OERLIKON CORP CHF1 has a 52-week low of $9.80 and a 52-week high of $15.25.

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