Showa Denko K.K. (OTCMKTS:SHWDY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “Showa Denko K.K. is engaged in chemical business. The company’s business segment consists of Petrochemical, Chemicals, Inorganics, Aluminum, Electronics and Advanced Battery Materials. Showa Denko K.K. is based in Minato-Ku, Japan. “

SHWDY stock opened at $35.62 on Tuesday. Showa Denko K.K. has a twelve month low of $22.53 and a twelve month high of $48.37. The firm has a market capitalization of $53,327.16 and a price-to-earnings ratio of 17.72.

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