Cannae (NYSE:CNNE) Downgraded by Zacks Investment Research

Cannae (NYSE:CNNE) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Monday, January 1st.

According to Zacks, “Cannae Holdings, Inc. holds majority and minority equity investment stakes in a number of entities, including Ceridian Holdings, LLC, American Blue Ribbon Holdings, LLC and T-System Holding LLC. Cannae Holdings, Inc., formerly known as Fidelity National Financial Inc., is based in FL, United States. “

Separately, TheStreet upgraded shares of Cannae from a “c-” rating to a “b-” rating in a research report on Wednesday, December 13th.

Shares of Cannae (NYSE:CNNE) traded down $0.05 on Monday, reaching $16.92. 557,500 shares of the company traded hands, compared to its average volume of 230,700. Cannae has a 12 month low of $16.16 and a 12 month high of $18.90. The company has a market capitalization of $1,195.47, a PE ratio of 10.44 and a beta of 0.80. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.06 and a quick ratio of 2.06.

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