International Baler (OTCMKTS:IBAL) Stock Rating Upgraded by ValuEngine

International Baler (OTCMKTS:IBAL) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Thursday, ValuEngine reports.

Shares of OTCMKTS:IBAL opened at $1.45 on Thursday. The stock’s 50-day moving average price is $1.52 and its two-hundred day moving average price is $1.60. International Baler has a 12-month low of $0.85 and a 12-month high of $2.00. The firm has a market cap of $7.52 million, a price-to-earnings ratio of 48.33 and a beta of 0.54.

International Baler Company Profile

International Baler Corporation manufactures and sells baling equipment to compress various materials into bales for handling, shipping, disposal, storage, and recycling. The company offers general purpose horizontal and vertical balers for compaction of paper, corrugated boxes, and miscellaneous solid waste materials; and specialty balers, including scrap metal, drum crusher, textile, and double chamber balers that are used for textile materials, used clothing, aluminum cans, 55-gallon drums, and synthetic rubber.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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