EVRAZ (OTCMKTS:EVRZF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued 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 EVRAZ from an “underweight” rating to a “neutral” rating in a research report on Tuesday, December 17th. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $9.00.
OTCMKTS:EVRZF opened at $5.25 on Friday. The company has a market cap of $7.43 billion, a price-to-earnings ratio of 3.18 and a beta of 0.11. EVRAZ has a fifty-two week low of $4.40 and a fifty-two week high of $8.95. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.94 and a current ratio of 1.67. The stock has a fifty day moving average price of $4.71 and a 200-day moving average price of $6.35.
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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