Zacks Investment Research Downgrades Kao Corp. (KCRPY) to Hold
Kao Corp. (OTCMKTS:KCRPY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.
According to Zacks, “KAO Corp ADR, based in Japan, is a leading global company in consumer products for personal and home care. “
Shares of Kao Corp. (OTCMKTS KCRPY) opened at 58.65 on Friday. The company’s 50-day moving average price is $61.56 and its 200 day moving average price is $59.28. Kao Corp. has a one year low of $44.19 and a one year high of $65.50. The company has a market cap of $28.90 billion, a P/E ratio of 23.65 and a beta of 0.49.
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Kao Corp. Company Profile
Kao Corporation is engaged in the consumer product business and the chemical business. The Company operates through four segments: the Beauty Care Business, the Human Health Care Business, the Fabric and Home Care Business (collectively, the Consumer Products business), and the Chemical business. The Beauty Care Business segment manufactures and sells cosmetics, skin care and hair care products.
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