Zacks Investment Research upgraded shares of EVRAZ (OTCMKTS:EVRZF) from a sell rating to a hold rating in a research report released on Friday, Zacks.com reports.
According to Zacks, “EVRAZ plc is involved in integrated steel, mining and vanadium business. The company’s principal activities consists of manufacturing steel and steel products, Iron ore mining and enrichment , Coal mining, Manufacturing vanadium products as well as trading operations and logistics. It operates primarily in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy, Kazakhstan and South Africa. EVRAZ plc is based in London, the United Kingdom.”
Separately, JPMorgan Chase & Co. upgraded shares of EVRAZ from an underweight rating to a neutral rating in a research note on Tuesday, December 17th. Three investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $9.00.
OTCMKTS EVRZF opened at $5.25 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.67 and a debt-to-equity ratio of 1.90. The company has a market cap of $7.58 billion, a PE ratio of 3.18 and a beta of 0.12. EVRAZ has a 52 week low of $4.40 and a 52 week high of $8.95. The firm’s 50-day simple moving average is $4.73 and its two-hundred day simple moving average is $6.32.
About EVRAZ
EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products. The company operates through four segments: Steel; Steel, North America; Coal; and Other Operations. Its products include construction products, industrial products, railway products, vanadium products, and pipes, as well as raw materials, such as iron ore, coal, and limestone products.
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