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.

ILLEGAL ACTIVITY WARNING: “Zacks Investment Research Lowers Gree Inc (GREZF) to Hold” was published by Watch List News and is the sole property of of Watch List News. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at

Get a free copy of the Zacks research report on Gree (GREZF)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Gree Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gree Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.