Amada (OTCMKTS:AMDWF) Downgraded by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered shares of Amada (OTCMKTS:AMDWFGet Rating) from an overweight rating to a neutral rating in a report released on Tuesday, The Fly reports.

Amada Price Performance

Shares of OTCMKTS:AMDWF opened at $7.09 on Tuesday. The firm has a fifty day moving average price of $7.42 and a two-hundred day moving average price of $7.72. Amada has a one year low of $7.09 and a one year high of $10.57.

Amada Company Profile

(Get Rating)

Amada Co, Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects metalworking machinery, software, and peripheral equipment in Japan, North America, Europe, China, rest of Asia, and internationally. It offers sheet metal fabrication machines, including laser machines, punch and laser combination machines, turret punch presses, press brakes, bending robots, and welders, as well as software solutions; general fabrication machines, such as shearing and deburring machines, corner shear, iron worker, AMS series, horizontal benders, tapping and fastener insertion machines, and environment related products; cutting fluids, lubricants, and other consumables; and a range of tools for bending and punching.

Read More

The Fly logo

Receive News & Ratings for Amada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amada and related companies with MarketBeat.com's FREE daily email newsletter.