Zacks Investment Research cut shares of Yahoo Japan Corp (NASDAQ:YAHOY) from a buy rating to a hold rating in a report issued on Tuesday morning.

According to Zacks, “Yahoo Japan Corporation is engaged in the internet advertising, e-Commerce and members services businesses. The company’s operating segments consists of Marketing Solutions, Consumer and Others. Marketing Solutions segment provides advertising, information listing and other corporate services. Consumer segment offers e-commerce related and membership services. Others segment includes settlement and financial services. Yahoo Japan Corporation is headquartered in Tokyo, Japan. “

Shares of Yahoo Japan Corp (NASDAQ:YAHOY) opened at 8.84 on Tuesday. Yahoo Japan Corp has a 52 week low of $7.17 and a 52 week high of $9.76. The firm has a market cap of $25.16 billion and a PE ratio of 20.00. The stock has a 50 day moving average price of $9.15 and a 200 day moving average price of $8.97.

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