Zacks Investment Research upgraded shares of Jiangsu Expressway Co Ltd (NASDAQ:JEXYY) from a sell rating to a hold rating in a research note published on Wednesday.

According to Zacks, “Jiangsu Expressway Company Limited engages in the investment, construction, operation, and management of toll roads and bridges. The company offers passenger transport and other services like refueling, catering, retailing, automobile repair and maintenance, advertising, and accommodation. In addition, it involves in the investment, development, and consulting of real estate properties. Jiangsu Expressway Company Limited is headquartered in Nanjing, the People’s Republic of China. “

Shares of Jiangsu Expressway Co (NASDAQ:JEXYY) remained flat at $27.80 on Wednesday. Jiangsu Expressway Co has a 52-week low of $21.69 and a 52-week high of $29.29. The stock’s 50 day moving average price is $28.36 and its 200-day moving average price is $27.11. The stock has a market capitalization of $7.00 billion and a P/E ratio of 19.86.

About Jiangsu Expressway Co

Jiangsu Expressway Company Limited is principally engaged in investment, construction, operation and management of the Jiangsu section of Shanghai-Nanjing Expressway (the Shanghai-Nanjing Expressway), Nanjing-Lianyungang Class 1 Highway-Nanjing Section (Nanjing-Lianyungang Highway) and other toll roads in Jiangsu Province, the People’s Republic of China (PRC).

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