Gree Inc (NASDAQ:GREZF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Wednesday.

According to Zacks, “Gree, Inc. operates as a social network service. The company’s business consists of Games, Commerce and Lifestyle, Community and Media, Advertising and Online Video as well as Investment. Gree, Inc. is headquartered in Tokyo, Japan. “

Gree (NASDAQ:GREZF) opened at 9.09 on Wednesday. Gree has a 52 week low of $5.25 and a 52 week high of $9.09. The stock has a 50 day moving average price of $8.28 and a 200 day moving average price of $6.25. The firm has a market cap of $2.14 billion and a price-to-earnings ratio of 14.71.

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