Zacks Investment Research downgraded shares of Dainippon Screen (OTCMKTS:DINRF) from a hold rating to a sell rating in a research note issued to investors on Friday.

According to Zacks, “SCREEN Holdings Co Ltd. manufactures and sells semiconductors. Its operating segments includes SE, GP and FT. SE segment develops and manufactures semiconductor production equipment and conducts sales and maintenance services. GP segment, graphic arts equipment and PCB related equipment are developed, manufactured, sold and maintained. FT segment develops, manufactures and markets FPD production equipment as well as maintenance services. SCREEN Holdings Co Ltd. is based in Kyoto, Japan. “

OTCMKTS:DINRF traded down $1.85 during midday trading on Friday, reaching $86.00. The stock had a trading volume of 100 shares. Dainippon Screen has a 1-year low of $86.00 and a 1-year high of $87.85.

About Dainippon Screen

SCREEN Holdings Co, Ltd., through its subsidiaries, develops, manufactures, sells, and maintains semiconductor production equipment in China. The company operates through three segments: Semiconductor Solutions, Graphic and Precision Solutions, and Finetech Solutions. It offers single wafer cleaners, wet stations, scrubbers, and laser annealers.

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