Zacks Investment Research Lowers Yahoo Japan Corp (NASDAQ:YAHOY) to Hold

Yahoo Japan Corp (NASDAQ:YAHOY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, June 28th.

According to Zacks, “Yahoo Japan Corporation is engaged in the internet advertising, e-Commerce and members services businesses. The company’s operating segments consists of Marketing Solutions, Consumer and Others. Marketing Solutions segment provides advertising, information listing and other corporate services. Consumer segment offers e-commerce related and membership services. Others segment includes settlement and financial services. Yahoo Japan Corporation is headquartered in Tokyo, Japan. “

Yahoo Japan Corp (YAHOY) opened at 8.75 on Wednesday. The stock’s 50 day moving average is $8.71 and its 200-day moving average is $8.72. Yahoo Japan Corp has a 12 month low of $7.17 and a 12 month high of $9.76. The company has a market capitalization of $24.91 billion and a PE ratio of 20.44.

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